Avia Health Share Discussion Threads

[knigel] 14/3/2013 19:53

The fact is was a national awards event will have definitely put AVIA on the radar of care home companies and similar organisations. I still feel the company will pull though their trading difficulties as the new financial year should ease matters - another update in the next few weeks will be welcomed GL

[29howard] 14/3/2013 19:49

Well over 10,000 care homes in the UK and this award sill surely mean they will
get orders from a tiny % of them, should ensure funding as well, why is this stock so quiet after that news today, expected a good rise when I returned from work tonight but very little volume.

[29howard] 14/3/2013 12:22

Next bagger knigel when they wake up to this !

[knigel] 14/3/2013 12:22

Contracts were expected in earlier trading update..

[29howard] 14/3/2013 12:21

They should get a load of new small contracts to supply Odyssey CareAssess after this award, in a big company nothing major but Avia is tiny with a market cap below 0.5 million.

[knigel] 14/3/2013 12:20

Im hoping avia is over the worse

[29howard] 14/3/2013 12:10

Market cap 0.4 million this could easily double or treble on some welcome good
news like today's.

[29howard] 14/3/2013 12:08

Hello this looks great news.

TIDMAVIA

Avia Health Informatics PLC

14 March 2013

Eric Williams House wins the Early Intervention and Prevention award at the Lang & Buisson Independent Specialist Care Awards for its use of Odyssey CareAssess

Avia (AIM: AVIA), the developer and provider of clinical decision support and referral facilitation software, via its wholly owned subsidiary, Plain Healthcare is proud to announce that Eric Williams House, a local government funded care home in Coventry, won the prestigious Early Intervention and Prevention award at the national Lang & Buisson Independent Specialist Care Awards on the 12(th) March, for its use of Odyssey CareAssess.

Plain Healthcare, has been working with Eric Williams House and the Godiva Clinical Commissioning Group on the development of Odyssey CareAssess since October 2011. Eric Williams House is a 43 bedded care home for the elderly mentally infirm which historically placed significant demands on the 999 ambulance service and the local emergency department, as well as the out of hours service. Odyssey CareAssess was introduced to support resident centred assessments of health care needs. The Odyssey CareAssess software, specifically designed for care home residents and carers, uses intuitive touchscreen technology, enabling individual problems to be identified, assessed and managed at the earliest stage. Carers and residents are supported in history taking and appropriate outcome generation.

The change in process that Odyssey CareAssess enabled has increased staff confidence, knowledge and ensured quality. Many more problems are now identified earlier. When intervention is needed, it is clear to the staff what this might be and it gives a clear timeframe for them to follow. Residents are more frequently effectively managed in-house with the right advice and follow up support, and when outside intervention is required, a robust history can be sent in advance to aid informed decision making by health professionals as to the urgency of next steps. This has enabled early and appropriate intervention regarding, for example, suspected infections - maintaining optimum levels of health for residents.

Staff at Eric Williams House quickly embraced the change and the tablet has become a crucial part of the carer toolkit, portable and easy to use with an average of eight uses per day rising to 20 on occasions.

Key Outcomes

-- 42% reduction in Emergency Department attendance maintained over a 12 month period (verified statistics)

-- GP attendance reduced by 75% (unverified)
-- Staff, residents and families confident of highest quality care
-- Educational structure develops carer knowledge and skills with every use
-- Robust records reflecting best practice and current clinical evidence are maintained
The Independent Specialist Care Awards draws attention to the best performing private and voluntary sector providers working in the provision of social care services for adults with learning or physical disabilities or mental health conditions whether that be in residential care, homecare or specialist hospitals.

Professor Jeremy Dale, Chief Executive of Avia Health Informatics Plc, commented:

"We are delighted for Eric Williams House. Their use of Odyssey CareAssess has helped us to develop a robust assessment tool that enables early intervention and appropriate care of the most vulnerable people. To receive an award like this further justifies our commitment to providing high quality clinical decision support that benefits patients, healthcare professionals and service providers alike."

[29howard] 03/3/2013 16:34

Not the good news I was hoping, stuck with them now unless I sell under the price.

[britishb] 01/3/2013 08:22

Looks a pretty busted flush to me unless ASW come to the rescue or some decent contracts come along very soon? Can't be much cash left to pay salaries!

[britishb] 01/3/2013 08:22

Looks a pretty busted flush to me unless ASW come to the rescue or some decent contracts come along very soon? Can't be much cash left to pay salaries!

[knigel] 16/2/2013 14:07

Noted - but I thought the loan is to be converted into 29.9% of the revised share issue at some point? We need to hear of new contracts here soon as per recent RNS

[pwhite73] 16/2/2013 13:48

...and therein lies the danger for shareholders of AVIA. The company is capitalised at only £500k. They owe Advanced Computer Services £350k plus interest. In the trading statement 24/01/13 they informed shareholders that they had defaulted on the first series of payments:-

"...This led to a consequent reduction in anticipated cash inflows. In response to that, the Company has been in contact with its principal creditor which has adopted a flexible and supportive approach and agreed to a deferral of amounts owed."

Avia is technically already owned by Advanced Computer Services.

These shares are illiquid at the best of times and the listing adds little or no value to the company. They may decide a brighter future lies under the umbrella of a much larger outfit and decide to cancel the listing at a cost £350K cheaper than the current market cap.

Be careful.

[knigel] 15/2/2013 12:14

29howard, Advanced Computer is raising funds today and mentions pending acquisitions both large and small.... I suspect AVIA could be one of them at some point...

[29howard] 05/2/2013 18:03

New contracts due then

Whilst the Directors anticipate that the trading environment will remain challenging up until the anticipated completion of the CCG transition process on 1(st) April 2013, they are pleased to report that trading in January has been ahead of expectations and that the order book and order pipeline are encouraging and anticipate that the Company will be able to make positive announcements regarding further contract wins in the coming weeks.

24 January 2013

[29howard] 05/2/2013 16:09

When I take some profits in Iron I will add more here.

[knigel] 05/2/2013 16:08

Its looking possible...

[29howard] 05/2/2013 16:06

Up again, imagine what it will do with some real buying volume, do you think that chart is poised for a break out knigel?

[knigel] 05/2/2013 15:30

Poss news due? Got 6k today GL

[29howard] 05/2/2013 15:00

Could this move up be the start, went from 6p to 22p in a day before so anything is possible.

[29howard] 05/2/2013 13:29

ps I added 16k more yesterday but that is enough for me now.

[29howard] 05/2/2013 13:28

knigel

Think you might have to buy another 0.5% to take out the seller if you want movement here.

[knigel] 04/2/2013 19:34

I know, can't believe the share price is static considering the buying the last few days. Is the share price being held down for a reason?

[29howard] 04/2/2013 13:57

When will this move, plenty of small buys, is that 50k the seller out ?

[knigel] 01/2/2013 18:26

29howard, yes it is usually difficult to have over 3% of a company unless their market cap is low. I have got close to 3% several times with HHR and TLY to name two and my average share holding is probably £3-4k. I just make sure that no one share is more than 10% of my SIPP for obvious reasons. I got over-exposed to HHR last year with the share becoming 60% of my SIPP - thankfully it paid off and I made a handsome profit (now adding back there). I have held AVIA for a while so unsure if holding 3% will be a long term investment or not - depends on news flow over the next few months. I expected a tick up today but that will come if contract wins are announced. GL