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news.iSOFT Group, an Australia-based health information technology company, said that NHS Shared Business Services (NHS SBS) has extended contract for iSOFT business solutions to host its Oracle finance and purchasing applications by an additional two years.
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The latest contract, worth GBP6m, extends the original $47.8m agreement, signed in March 2008, to 2016. It expands the services offered and includes new HP hardware and infrastructure and a move to Oracle Release 12.
iSOFT Group said that the contract is for services only and excludes licenses. NHS SBS provides services such as accounts payable, debt collection, bank account reconciliation, and account reporting for 30% of all NHS organisations. iSOFT has provided NHS SBS with a fully hosted managed service since 2002.
Eamonn Morris, managing director of iSOFT Business Solutions, said: “The extension clearly indicates the strength of our relationship and is great news for both organisations as it gives us the foundation to move forward and ensure we continue to support NHS SBS’ business objectives.
“Healthcare organisations are coming under increasing pressure to streamline back office processes and reduce spending, while also maintaining high-quality operations. Our joint expertise in delivering services to NHS trusts will allow those using the system to gain excellent value and make significant savings.
John Neilson, managing director of NHS SBS, said: “As we currently support around 30% of NHS trusts, this fits with our strategy to ensure consistently high service quality and performance. Extending our partnership with iSOFT Business Solutions allows us to continue to deliver a high-quality, best value solution to all our NHS clients, of cost effective and reliable services to NHS SBS that helps us to deliver added value to all of our NHS clients.”