Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

DHBs and Health Benefits launch National Procurement Service

DHBs and Health Benefits launch National Procurement Service

Health Benefits Limited (HBL) and its shared service partner healthAlliance, have launched the National Procurement Service, an initiative with the potential to save District Health Boards (DHBs) around $90 million over the next two years.

All 20 of New Zealand’s DHBs have signalled their support and signed National Procurement Service agreements.

HBL Interim Chief Executive Officer, David Wood says by working together significant savings can be made for reinvestment by the DHBs into frontline, patient-facing services.

“Every year DHBs spend about $1.3 billion buying goods and services, including everything from cotton-wool buds and stationery through to hospital beds and surgical equipment,” he says.

“By taking a national approach, through the National Procurement Service, the combined purchasing power of DHBs ensures the best possible prices can be negotiated across the sector.”

Mr Wood adds that over the last year, healthAlliance has delivered $23.8 million in annualised savings from working with the four Northern Region DHBs alone. It is expected that these savings can be replicated on a national basis.

“HBL does not own hospitals. Our role is to identify opportunities for innovation and reducing costs, then work in partnership with the DHBs to realise benefits,” he says.

National Procurement is the first service to be delivered on a national basis as part of the Finance, Procurement and Supply Chain (FPSC) programme.

The sector, with HBL’s support, realised cumulative benefits of $213m at the end of the 2012/13 financial year. Cumulative benefits are estimated to be $303m by the end of the 2013/14 year.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>