FRISQ (NASDAQ: "FRISQ") has signed a commercial agreement with Capio Elderly and Mobile Care. The agreement runs for 5 years and the order value amounts to SEK 15 million. The agreement enters into force on 1 July 2021 and replaces the previous pilot agreement, after FRISQ Care has been evaluated in competition with other systems.

Capio Elderly and Mobile care is part of Capio Sweden, which is one of the largest private care providers in Sweden. The care offer within Capio Elderly and Mobile care includes geriatrics, advanced home care (ASiH), specialized palliative inpatient care (SPSV), inpatient rehabilitation, outpatient rehabilitation, medical interventions in special housing for the elderly (SÄBO) and emergency medical vehicles.

The commercial agreement replaces the previous pilot agreement and has an order value, based on current operations in Capio Elderly and Mobile Care, of SEK 15 million (divided into SEK 3 million per year) for the license part of FRISQ Care. The new agreement entails a broad application of FRISQ Care in Capio Elderly and Mobile Care's operations.

“We have evaluated several systems to be able to work more patient-centered in a structured way, to create more participation in patients and increase the quality of our work. FRISQ Care supports this with its platform where we can use tablets or iPads to document what we do together with the patient in the patient's room. FRISQ Care also facilitates and quality assures the information flow from one work team to the next with the help of so-called Team TV. After a pilot period, we have now chosen to continue with FRISQ Care as our platform for patient-centered care process support. FRISQ Care means that our documentation and over-reporting is much faster, which means that we can be more physically present with the patients. The structured workflow also means that all documentation is done in a standardized way and reminds us of the various measures we must take with all our patients. It also feels good to be able to offer our employees a modern way of working, ”comments Thorleif Nilsen, business area manager at Capio Elderly and Mobile Care.

“It is gratifying that a leading and expanding business such as Capio Elderly and Mobile Care has chosen FRISQ Care as a tool to improve and streamline its operations and we look forward to assisting this business to become a model for Swedish geriatric care in the years to come”, says George Thaw, CEO of FRISQ Holding, in a comment.

About Capio
Capio's vision is to improve the health of people every day. We want to make a difference for our patients by seeing, listening and being present – today and throughout life. Our employees are important to us and we want to give them the power to be there for our patients but also to develop care in general. In our daily work, we are based on our values: Quality, Empowerment, Innovation and Social responsibility. They help us fulfill our patient promise to be a reliable partner – present and innovative. Together we improve public health – one individual at a time!
Capio offers a wide and high-quality range of care through our hospitals, specialist clinics and health centers in Sweden, Norway and Denmark. Our patients can also get help via our digital services. Since 2018, Capio has been part of Ramsay Santé - a leading healthcare provider with 36,000 employees in six countries. For more information, visit capio.se.

For further information:

George Thaw, CEO, FRISQ
investor@frisq.se

About FRISQ:

FRISQ is a healthtech company based on the conviction that the quality of care plans shouldn’t be dependent on the ability to navigate a complex system and constantly evolving treatments. Its FRISQ Care software solution allows for secure sharing of information between care teams, doctors and patients through the same platform.

Since 2016, FRISQ has been listed on Nasdaq First North Stockholm under the symbol “FRISQ”. FNCA Sweden AB is FRISQ’s Certified Adviser and can be reached via the following contact information: +46 8 528 00 399, info@fnca.se

The publication is a translation of the original Swedish text. In the event of inconsistency or discrepancy between the Swedish version and this publication, the Swedish language version shall prevail.

For more information, please visit: www.frisqholding.se

This information is information that FRISQ Holding is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-06 16:45 CEST.

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FRISQ signs five-year agreement with Capio Elderly and Mobile Care – Order value 15 million SEK

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