Member Info for Vascular

Just started to look at the full minutes document posted below.

"Connect: Federated Data Platform
10.A ‘data platform’ allows NHS organisations to bring together operational data –
currently stored in separate systems – to support staff to access the information
they need in one safe and secure environment so that they are better able to
coordinate, plan and deliver high quality care. A ‘federated’ data platform means
that every hospital trust and integrated care system (ICS) will have their own
platform which can connect and collaborate with other data platforms, making it
easier for health and care organisations to work together to achieve better
improvements in care and outcomes for patients than they could each achieve
individually.
11. This programme is already trialling tools locally with promising results. An
elective care coordination pilot in East Sussex removed 16% of their waiting list
through error identification. This will be live in 36 Trusts by the end of March
2023. A discharge pilot that helped North Tees reduce patients staying 21 days
or more to 12% over a twelve-month period will be live in 16 Trusts by the end of
March (the national average is 20%).

Queen Victoria Hospital NHS Foundation Trust (QVH) is part of the Sussex Integrated Care System (Sussex ICS)and is one of the UK’s CDC exemplar sites.!!
Coincidence ! maybe but quite exciting.
https://bleepa.com/sussex-ics-pilot

Many thanks Elartu.
Dibs61, have you seen this - only published Friday, the 10th Feb , but extremely interesting when you read how NHS England are selecting successful pilots, and speeding up their roll outs !

https://htn.co.uk/2023/02/10/nhs-england-board-meeting-shares-update-on-tech-and-data-projects/#:~:text=NHS%20England%20board%20meeting%20shares%20update%20on%20tech%20and%20data%20projects
It could relate to what you stated that Tom said in recent Q&A , re: National roll
This article also shares that procurement for a Federated Data Platform on behalf of the NHS in England began on 10 January 2023, with the ambition of awarding the contract in autumn 2023.

The full meeting minutes below, which i have not looked at.
https://www.england.nhs.uk/wp-content/uploads/2023/02/board-2-feb-23-item-8-digital-data-and-tech.pdf

I have no idea who these guys are, or what date this was published, or if its been posted before but interesting anyway.

Bleepa the first innovation listed.

https://ahsn-nenc.org.uk/wp-content/uploads/2022/06/Horizon-Scan-of-Digital-Health-technology-in-Primary-Care.pdf

Thanks ndr50.

I made the journey when i was in my early twenties, so have some idea of where I'm going, although will have changed, but life should be easy there as long as you avoid the dogs, traffic and falling down storm drains during power cuts lol.

The idea is to sleep in coco huts along the beaches as we go, burn off some weight, and relax .

I am at that stage of life now that I have decided to spend my money on "experiences" rather than "things", except the odd share :)
It is a beautiful part of the country. Cheers vas

Thanks Guys. appreciated.

Sorry, i meant to add that with just six weeks left in this financial year, possibly money in budgets that needs to be spent, and possibly several hospitals, trusts etc wanting FDBKS offering - then the next few months could give us several pleasant surprises, and not just the ones we know about, or hoping, for but other unknown contracts.
Should be a much more exciting period, i should think.

I'm disappearing for two months on Wednesday to go travelling along the beaches of West India with my son, so i can guarantee it will be an exciting time, and i will probably miss it, will try and keep up with events as WIFI allows.
GL Vas

Included in the "operational Highlights section in the recent Interim Results was that FDBK have recently been named as a supplier on G-Cloud 13, the UK Government's digital marketplace.

It was only when i read about G-Cloud i realised the significance of this.
"The principle behind Framework Agreements is to reduce the work and risk involved by any Public Sector organisation when they want to buy products or services from the Private Sector. A Framework Agreement provides the baseline work that any customer would have to do, (or should do), upfront, ensuring that suppliers are stable and able to deliver as part of the initial approvals process. This means that Public Sector customers are left with a shortlist of pre-approved suppliers for (almost) every requirement.

Customers can then shorten their procurement process by looking through a list of pre-vetted suppliers, from where they can either directly award services or complete a further competition (mini tender) to finally select their chosen supplier, (depending on the specific rules of the Framework Agreement). All the customer needs to focus on is their specific needs, publish their requirements and review the supplier responses to those. This shortens the timescales for a procurement significantly, with many further competitions being completed by suppliers in 7-14 days. "

Now that FDBK are on the G-Cloud Framework new contracts could be announced by the company at anytime, as no public tender required, a 7-14 day of the shelf procurement process by public organisations, or slightly longer "mini competition between two or more company's on the framework agreement.

https://www.core.co.uk/blog/government-framework-agreements-g-cloud-13

G- Cloud 13, only started in 3 months ago, 14 November 2022 with a few hiccups -so was pushed back two months due to access problems.
https://www.computerweekly.com/news/252527227/G-Cloud-13-launch-hits-shaky-start-as-suppliers-complain-about-missing-framework-functionality

The contract is due to start in just over a month on the 15th March, yet only closed last Monday the 6th Feb....so it will not be a secret for much longer, surely.
If FDBK are involved then look out for those larger than normal buys ( if they can get any that is) that precede good news !

Something here I had not really thought about before .( maybe just me) . When i reread the paragraph below.
"become a gateway platform" for third-party technologies, to generate additional revenue beyond Bleepa's user license".
Tom did mention this recently in the Q&As , something like Bleepa is the front door " to enable other services", or something similar.

This is something I had not thought about and i interpret this as FDBK will get revenues from licensing the Bleepa to a hospital or trust AND will also get a a fee each time a hospital uses any number of other "third party" services that are hosted on BLEEPA and for a fee channelled through the front door of Bleepa to a doctor, AI etc ...............It looks very much like their is extra revenue to make on top of the annual licenses to hospitals and trusts. etc
If Qure.ai and Axial3D are just two of say, thirty different clever AI solutions that BLEEPA can host then the revenues across many hospitals would be immense.

here some text lifted from RNS
"Axial3D would enter into its own business relationship with clients, but Bleepa would act as the user's access point, and facilitate the transfer of data on its behalf, with the client's permission.

The business agreement would enable joint and cross-selling of both products through each company's distribution channels
Under the agreement, Feedback said it would receive a commission for each user-generated image request from Axial3D
"The board said that it is the first example of its strategy to improve its growing user base to produce supplementary income, above the main user license"

Dr Oakley said the "major milestone" confirmed the company's strategy to "become a gateway platform" for third-party technologies, to generate additional revenue beyond Bleepa's user license.
"We hope this will be the first of many such partnerships.
At 1309 BST, shares in Feedback were up 3.99% at 1.04p".. = £2 in todays terms LOL.

eo-sharecast-com.translate.goog/news/aim-bulletin/feedback-inks-3d-medical-imaging-partnership-deal--7682698.html?_x_tr_sl=eo&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&google_abuse=GOOGLE_ABUSE_EXEMPTION%3DID%3D400c0053981c7691:TM%3D1676141104:C%3Dr:IP%3D82.35.67.94-:S%3D0YXJ3VL2-D_4GsrwR7Vx-Wg%3B+path%3D/%3B+domain%3Dgoogle.com%3B+expires%3DSat,+11-Feb-2023+21:45:04+GMT

also , i notice that Axial3D Medical Printing is listed on the GOV.UK Digital Marketplace under the G-Cloud 13 framework
https://www.applytosupply.digitalmarketplace.service.gov.uk/g-cloud/services/804496412231683

Usually when i search for Bleepa in India i get the April 22 news that the trial has started. This is from September 22, so its the latest I can find on BLEEPA in India . It is basically a sponsored piece, but never the less the comments demonstrates how successful the MD and others regard BLEEPA pilot.
https://www.thehindu.com/brandhub/bleepa-an-innovative-digital-solution-that-allows-doctors-to-collaborate-with-peers-to-achieve-better-patient-outcomes/article65852751.ece

welloilbeefooked

Here is another potential saving the NHS could make in using Bleepa / carelocker along with AI technology such as Qure.aI.
if we take breast screening across the entire UK as an example.
"Breast screening is a 2-stage process. Women attending have mammography (breast x-rays) and for the majority (96 out of every 100 screened), no abnormalities are found by the professionals who interpret the images."
Gov statistics 2018

The other 4 out of every 100 women screened are invited for further investigation at an assessment clinic. Of the 4 women attending assessment clinic just under half will have needle biopsies to confirm whether or not they have cancer. We now detect virtually all cancers (97.8%) at this stage without women having to undergo a surgical biopsy under general anaesthetic.

So out of every 100 women going through what is a laborious and time consuming breast screening appointment , 4 women will be flagged up as "of concern".

Using Qure.AI technology for example, each of these 100 women's images could have been sent anywhere in the world, processed by AI ( rather from each one needing to be (visually checked by a doctor) and then those of concern would be referred directly to a specialist ( may not be in same hospital, country, in theory) for further investigation....
The savings , and re purposing of the doctors time would be used for treating those that are confirmed as needing treatment unwell, rather than confirming that most patients do not need treatment.

These are the types of pilots being introduced today, and imo it will be a revolution in medical care, i can imagine India and many other country's will have the equivalent of call centres, with AI technology, handling images form all around the world, and with the option of specialists present if needed . This will take time, but i think its going to happen fast as soon as the AI, the security, the communication solutions are in place and trusted.

A trained front line nurse could arrange for a scan, she could send the images to AI, and only refer to a doctor / fracture clinic if say, a fracture is in fact confirmed.

The good news for those invested here IMO is that it seems like BLEEPA can handle the images safely, securely within a patients personal medical file that audits every decision made and being introduced to hospitals , and piloted along with AI .

Toms quote ( or something close ) from recent presentation and Q&A was " Bleepa is the front door, and it will work with any Ai behind it, not just Qure.ai.

Just another observation regarding the FDBK options that I posted earlier, note that they all expire May 2025.

Its not an arbitrary date. So why May 2025?

IMO they have taken the date from the CDC Framework when all 160 CDCs are expected to be operational.

I do not believe in coincidence generally speaking. So even last year, the BODs must have been pretty confident in a significant role that their solutions will play in the CDC Framework, and the time frames.

"The September release of Our Plan for Patients confirmed that the delivery of 160 further CDCs would be prioritised to support the NHS in delivering up to 17 million more tests by March 2025. "

also, pre consolidation the sp had already touched 1.3p ! with far less known information declared re likely contracts so IMO the first tranche at 1.2p ( now £2.40 p) is a given, sometime once more info declared , i hope.

Anyone know how FDBK came up with these options targets. They all look very achievable if what we are told materialises.

145,237,200 Options granted to the Executive Directors and other persons discharging managerial responsibilities ("PDMRs") below (being 89 percent. of Options granted) will vest in three equal tranches over the next three financial years, conditional on achieving certain share price targets (based on a 60 calendar day volume weighted average share price) as follows:



"· One-third will vest if the share price reaches at least 1.20p, during the period commencing 31/05/2022 and ending 31/05/2025;" . This makes £2.40 in todays share price terms.



"· One-third will vest if the share price reaches at least 1.86p during the period commencing 31/05/2023 and ending 31/05/2025; and" This makes £3.72



"· One-third will vest if the share price reaches at least 3.0p during the period commencing 31/05/2024 and ending 31/05/2025" . This makes £6 a share over the next two years plus 3 months.

https://otp.tools.investis.com/clients/uk/feedback_plc/rns/regulatory-story.aspx?cid=2418&newsid=1553112

I am really pleased that Tom confirmed that they will most probably be working with Qure.Ai in future , not only in TB but other conditions in India, UK and elsewhere - massive opportunities there and Qure.ai are well connected.

and it got even better when he spoke about imagining Bleepa / Carelocker being the front door of AI, not just Qure.ai's offering - but potentially anyone's AI...again, yet another fantastic opportunity!

Then the Sampura diagnostic set up using Carelocker...between £4 - £8 per patient per year, 15,000 potential patients in just one centre, and something around 40 centres just in that one city. again extrapolate across India, south Asia and beyond...hard to imagine, really.

BLEEPA requiring medical device status in India was a surprise , but 6-9 months is liveable for me, and in this time they may well have arranged a few select contracts to get the BLEEPA ball rolling.

Excellent presentation and future , with what looks like an increase in news flow from now on.

Really got legs now....on such thin volume....anyone selling , will have trouble getting back in if this continues....makes you wonder what any analysts from yesterdays 11am meeting will need to do to take a meaningful position in this share.
I'm having trouble with jus small £500 attempts lol

My first investment here was just under 1p, and that was on just faith. 1p is worth today £2 share price...and today, we have a lot more than faith to go on, we have real pilots, and tenders being chased. I managed to get some much cheaper so don't feel so bad about it but just shows that todays £1.35 is still well below last years high of approx. 1.3p, or £2.60 today!!

Looks like they have taken the breaks off....IG quoting £1.33 to buy ! Where did they suddenly get the shares from?

Another tender here, just right for FDBK

Published
06 Jan 2023
Delivery
To 26 Jan 2025 (est.)
Deadline
06 Feb 2023 12:00
The contract will be let for an initial period of 2 years, with optional extension of up to a further 2 years, to a maximum total length of 4 years. The value for the initial 1st year term is £252,000 and the maximum whole life (2 year) value is £504,000. All values provided are inclusive of any non-recoverable VAT.

This procurement is being carried out by NHS South, Central and West Commissioning Support Unit (SCW) on behalf of the Commissioners.

"The solution should utilise a range of quick and simple delivery modes including direct call access to a specialist, ability to send multimedia content (e.g., photographs / documents / scans) and written record of the exchange, with the potential ability to send videos where appropriate. Each mode of delivery should be configurable and adaptable on a specialty basis, with potential for a wider team approach to response. Advice must be made available through this single system which also notifies the requestor when a response is available."
https://bidstats.uk/tenders/2023/W01/790233443

Thanks Calculus. and thanks to Elartu also for posting up the presentation. Ill have a coffee and enjoy watching it.

i tried to add some more this morning on both IG and Halifax and neither had anything to sell, negotiated only.