PowerHealth signs $30m national contract for its healthcare costing system
26 August 2020
PowerHealth has commenced the national rollout across the Kingdom of Saudi Arabia of its patient level costing system PowerPerformance Manager (PPM).
The project is part of the Kingdom of Saudi Arabia’s Vision 2030, in which the health sector is undergoing major transformational reforms aimed at delivering substantial improvements in quality, efficiency, and safety.
The reforms are structured along multiple themes, specific objectives and strategic initiatives aiming at transforming the health sector to ensure sustainable financing, appropriate access, and a continuous improvement of the quality of services to the citizens and residents of the Kingdom.
Aiming to deliver a clinical costing solution to 291 hospitals across the Kingdom of Saudi Arabia, PowerHealth was awarded the highly contested contract ahead of a large number of high-profile multinational companies. As a result, PowerHealth will make the Kingdom of Saudi Arabia their Middle East Head Office and look to use this group of highly experienced professionals to expand to the rest of the region through other national contracts.
Patrick Power, Managing Director of PowerHealth said, “This procurement process was incredibly thorough, and one of the best procurement processes we have ever participated in. It consisted of three stages over a number of years, which resulted in a clear definition of the requirements that vendors had to meet.
“I believe what differentiated us from our competitors was not only our expert team and market leading costing application, but our demonstrated ability to deliver large scale national implementations around the world. This will be our 18th national or state-wide successful deployment.
“PowerHealth is very proud to be a part of this exceptional project, to be rolled out over 28 months” Mr Power said.
The agreement follows on from PowerHealth’s significant international success in 2017, where it was awarded a $44 million contract by the Quebec government to deliver patient level costing across all acute, subacute, mental health and primary care patients. The project was successfully completed in May of 2020, in large part due to the dedication of the Quebec Ministry of Health and the hospital Establishments, who worked tirelessly side by side with a dedicated PowerHealth Quebec team.
Mr Power repeated the sentiment which he shared in 2017 when PowerHealth won the Quebec contract, noting it was evidence of the capacity of South Australian companies to be “world’s best practice” and make it on a global scale.
“We are celebrating PowerHealth’s 25th Anniversary this year and to be awarded such a prestigious contract certainly is an honour and a privilege that helps mark this very special year” Mr Power said.
PowerHealth: Bec Waters
Australia: +61 8 8410 6404 / 0439 388 953