Hospitals use Datix’s software to analyse patient safety, trends and assess risks. This helps them to improve safety and get a better understanding when things go wrong. Most of its revenue comes from licensing fees, but about 12% is derived from consultancy services. Its clients include private healthcare groups, NHS trusts and the US Department of Defense. The business was founded in 1986 and is run by chief executive Jonathan Hazan. In March 2008 the private equity group Bowmark bought a majority stake. Sales have grown 40% a year from £3m in 2007 to £8.1m in 2010. The company has a profit margin of 54%, the highest in the league table.
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