We are delighted to announce the new strategic partnership we’ve formed with IoT Solutions Group [IoTSG], a specialist provider of Internet of Things [IoT] enabled solutions for both the public and private sector. This partnership will enable us to advance our product offering and expand into the ‘Smart Healthcare’ space, in line with growing market demands.

At Prism Healthcare, our mission is to transform the quality of life of people with health and mobility conditions by providing solutions that offer choice, value for money, and help make care delivery easier. In addition to this, one of our key strategic objectives is to express our personality by connecting with our market, prescribers, and customers. Our partnership with IoTSG not only demonstrates our commitment to our mission but will also help us to achieve this goal.

By securing IoTSG as our new technology partner, we will now be able to extend our level of care to end-users through the deployment of advanced, ‘in-home’ assisted living sensors, which cleverly monitor the daily activity of vulnerable people living independently.

This technology can be simply placed in the kitchen of a vulnerable person, where it discreetly and unobtrusively monitors their day-to-day activity. In response to any significant decrease in a resident’s activity levels, a customised alert can be sent to carers or family members, enabling swift and appropriate action to be taken and thereby significantly minimising the risk of severe injury or death.

Speaking about the new partnership, our CCO, Claire Litton, said: “We’re delighted to have partnered with IoT Solutions Group and to have their support in achieving our aspirations to move into the ‘Smart Healthcare’ space.

“The future of healthcare truly lies in technology like this, and we take pride in enhancing the products and services we provide for the benefit of vulnerable people living independently and their loved ones.” To find out more about IoT Solutions Group, go to https://www.iotsg.co.uk/.

Prism Healthcare ESG Statement/Policy

Being mobile and independent are a fundamental part of life. They allow us personal freedom, of movement and of choice and play a vital role in physical, mental, financial, and social wellbeing.

Therefore, living with poor or declining health and reduced mobility can often have a profound effect on the quality of life, of not just those directly affected, but their families, friends, employers, and the wider society.

Prism Healthcare believes that despite poor health and limited mobility everyone deserves to live life to the full. Whether living at home or in long-term care facilities, everyone should have equal opportunity to be happy, healthy, and independent for as long as possible.

As experts in manual handling, pressure area care and specialist seating solutions, we manufacture and supply a broad range of products and services to health and care providers and their clients across the UK, and internationally through a network of distributors. We have a mission; to transform the quality of life of people with health and mobility conditions by providing solutions that offer choice, value for money, and help to make care easier.

In doing this we take our corporate responsibility seriously. We recognise we have a duty of care to operate in a responsible and sustainable way and we want to make a positive impact on the lives of our employees, customers, clinicians, clients and partners within our network and the wider society.

The Prism Healthcare Group ESG statement demonstrates our commitment to action, to integrate wellbeing, sustainability, and ethics into the culture and day-to-day activities of running the business. This is key to our success and is a focus for all employees.

We will develop a policy that defines improvements we will make to drive standards in three areas:

• Environmental – how we will perform as a steward of nature
• Social – how we will manage relationships with employees, suppliers, customers, communities, and the wider society
• Governance – how we will hold our leaders to account through strict auditing and controls

Environmental
We will work with suppliers, customers, and employees to reduce our impact on the environment by:

1. Moving all fleet vehicles to hybrid or electric by 2030 and ensuring compatible infrastructure on all business premises.

2. Developing products and services which reduce the environmental impact of our business activities.

3. Promoting the use of digital technologies to reduce travel, emissions, and our carbon footprint.

4. Investing in SMART Buildings to ensure we actively conserve energy and water and using the most sustainable energy suppliers

5. Ensuring waste and recycling is managed effectively to reduce the amount going to landfill, achieving targets of internal schemes and accreditations from recognised bodies.

6. Creating a group-wide employee forum to identify where positive environmental impact can be achieved. We will provide education and training where necessary, so they have the knowledge and tools.

Social
We will contribute to improving the wellbeing of society by:

1. Releasing employees during office/working hours so they can participate in local community initiatives

2. Using our platform and resources to support a charity, particularly those aligned to our mission.

3. Supporting the economies and communities in which the business operates by employing local people and sourcing goods and services from local businesses.

4. Actively supporting the health and well-being of employees, helping them to achieve a good work life balance with the opportunity to work flexibly.

5. Being an advocate for equal opportunities and initiatives which promote a fairer society.

6. Investing in training and developing our people, so they can progress and enhance their career prospects whilst employed with the Group.

7. Benchmarking roles and paying all employees a fair salary.

8. Creating a culture where inclusivity and diversity thrives, where everyone feels safe and there is zero tolerance for hate of any kind.

Governance
We will always act ethically and with integrity and will be held accountable by:

1. Ensuring transparency through timely reporting of financial performance, objectives and strategies to stakeholders, customers, and employees.

2. Adhering to robust policies and procedures in relation to corruption and bribery.

Prism Medical UK – Gender Pay Gap Statement

March 2021

On the snapshot date of 5^th April 2020 we had 375 employees of which 109 females and 266 males.

Mean Pay Gap –  The mean gender pay gap between male and female employees reduced by 4.27% to 15.02%
Median Pay Gap –  The median gender pay gap between male and female employees reduced by 1.36% to 16.24%
Mean Bonus Pay Gap – The mean gender bonus pay gap between male and female employees was -15.7%

Read more…

Prism Healthcare Group – Executive Changes

29th June 2021

From July 5^th 2021 Paul Morton will be the new Chief Executive Officer (CEO) for the Prism Healthcare Group with current CEO Stuart Meldrum moving into the Executive Chairman position.

Paul has been with Prism since the end of 2019 and in this time Stuart and Paul have been working together closely to smoothly transition Paul into his new role.

Paul will have full responsibility for all aspects of running the group with Stuart supporting Paul in his new role and focussing on accelerating various strategic growth initiatives.

Paul Morton, CEO said “It is a privilege to be able to lead our colleagues at Prism Healthcare in the next stage of our journey.  Our goal is to help healthcare professionals provide the best client care, whilst providing clients and their families’ greater choice and independence.  I am passionate about delivering more value for our customers in the UK and abroad, and looking forward to working closely with them.”

Stuart Meldrum, Executive Chairman said “Paul joined Prism having previously fulfilled several Divisional CEO & Managing Director roles in large global companies such as GE Healthcare. Over the last 18 months it has been a pleasure to work with Paul and see him naturally grow and transition into the CEO role. Paul has a wealth of experience in managing and building large international businesses so this is a great opportunity for both Paul and the company.”