Sydney, Dec 20, 2007 AEST (ABN Newswire) - IBA Health Group Limited (ASX: IBA) - Australia's largest listed specialist information technology company, today announced that it had been selected to provide a new ten-year managed service contract to host Oracle Financials and Procurement applications for a consortium of 56 NHS bodies in England valued at over $38.7 million (£16.45 million). In addition IBA today announced a four-year managed service contract worth $1.15 million (£497,000) to host its Integra financial applications for Medway NHS Trust in Kent, England. Both of the new contracts secure and extend the service offerings supplied under the current agreements, which have come to an end.

IBA's subsidiary IB Solutions has been selected by North East Patches Shared System Group (NEP), a consortium of National Health Service (NHS) trusts and Strategic Health Authorities mainly in the north of England. IB Solutions is providing a fully hosted managed service from its data centre at Prestwich in Manchester.

IB Solutions which is the existing supplier to NEP was selected via an open tender against a panel of international and local suppliers.

NEP Programme Director Bob Telford, said, "We are getting a cost-effective solution from a proven supplier. IB Solutions understands the healthcare business and offers great flexibility by consistently adapting to support our needs in the ever-changing NHS and NEP landscape. We enjoy a genuine partnership with IB Solutions which is now underpinned by the investment from the IBA Health Group."

Eamonn Morris, IB Solutions' Managing Director, said, "Our relationship with the NEP has developed over the past five years to one in which there is mutual respect and trust at all levels. The relationship has been developed by learning from our experiences and a joint commitment to deliver a world class service through the implementation of a continuous improvement programme. This experience allowed the bid team from IB Solutions, to propose an innovative and low-risk solution, which is competitive, represents value for money, but commits to delivering a first class service.

"We are able to minimise the risk to the current operation while creating a future-proof technology solution. Our financial and procurement applications will provide the capability and flexibility to accommodate the new and emerging NEP landscape including the expansion of the consortium over the period of the contract," Morris said.

The contract with the Medway NHS Trust is for IB Solutions Integra suite of web-enabled financial applications provided as a fully hosted managed service from its data centre at Prestwich in Manchester. Medway is also taking the latest version of Integra, which includes a web-enabled front-end, business intelligence, and an enhanced reporting and enquiry engine. Also included is the purchase-to-pay eprocurement module to manage the purchasing cycle on-line and so reduce paperwork, data entry and errors, and delays.

Jeremy Moon, Medway NHS Trust's director of finance, said, "Enabling on-line transactions will improve workflows, cut administration, and increase the accuracy of financial management information. We anticipate significant increased efficiency and reductions in stationery, postage and fax usage."

Gary Cohen Executive Chairman and CEO of the IBA Health Group said, "IB Solutions is renowned as one the UK's foremost providers of financial and procurement applications and managed services to the public sector. It has built a strong reputation over 20 years for professional and reliable customer service while continually exceeding agreed service levels. This agreement not only expands and refreshes our agreements with NEP and the Medway NHS Trust but also provides a unique platform for our organisations to strategically collaborate in areas such as technology and financial staff development along with enhancing key performance and operational systems for the NEP consortium," concluded Mr Cohen.

Contact

Gary Cohen
Executive Chairman & CEO
IBA Health Group Limited
Phone: +61 2 8251 6700
Email: gary.cohen@ibahealth.com

Media
Greg King
Group Communications & Marketing Director
IBA Health Group Limited
Phone: +61 413 621 111
Email: greg.king@ibahealth.com


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