IBA iba health group limited

another goal ..... it is a bargain atm

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    ANNOUNCEMENT TO THE ASX
    iSOFT preferred vendor in $6.8m Tasmanian projects
    Sydney – Friday, 29 February 2008 – IBA Health Group Limited (ASX: IBA) – Australia's largest listed
    specialist information technology company, today announced that its iSOFT subsidiary has been named
    as preferred vendor for a $4.6 million contract to provide a state wide patient administration system and
    has also reached preferred vendor status for delivery of a $2.2 million state-wide pharmacy clinical and
    dispensing system for Tasmania.
    State-wide patient administration system
    The Department of Health and Human Services (DHHS), Tasmania is now in final negotiations with
    iSOFT for the five year contract after placing an initial order for an implementation planning study.
    iSOFT’s i.Patient Manager (i.PM) PAS will provide the foundation for an electronic patient record, which
    the DHHS plans to have in place within five-to-ten years. Meanwhile i.PM will integrate patient
    information across all of Tasmania’s public hospitals including the Royal Hobart, Launceston General,
    and North West Regional acute hospitals.
    State-wide pharmacy, clinical and dispensing system
    The five year contract for pharmacy clinical and dispensing system is worth $2.2 million. The Department
    of Health and Human Services (DHHS), Tasmania has now placed an order for an implementation
    planning study which is due for completion in April 2008.
    The new system is for pharmacy dispensing at all of Tasmania’s public hospitals, but will also provide a
    single, state wide repository of information on patient medications enabling the DHHS to build common
    patient medication profiles and apply common business rules. Based on iSOFT’s i.Pharmacy solution, it
    will offer intuitive decision support to prevent medication errors and enable the delivery of medication at
    the bedside through web-based information. It also caters for public hospital dispensing of
    Pharmaceutical Benefits Scheme (PBS) prescriptions, PBS on line claiming and reimbursements, non-
    PBS prescriptions and integrated dispensing, manufacturing and enterprise inventory management.
    Future plans include full electronic prescribing and electronic administration.
    i.Pharmacy is already installed at 218 sites throughout Australia making it the country’s market leading
    hospital pharmacy system.
    DHHS Tasmania’s chief information officer, Max Gentle, said: “iSOFT is offering significant experience
    and a proven ability to implement comprehensive state wide patient administration and pharmacy
    management systems. It has a clear understanding of key business processes, healthcare delivery, and
    how information will support our future aspirations. iSOFT’s patient administration and pharmacy system
    will be the cornerstone of our strategy for an full electronic patient record.”
    Gary Cohen, executive chairman & CEO of IBA Health Group, said: “the selection of iSOFT as preferred
    vendor for both the Patient Management System and Pharmacy Management System further
    consolidates our position as the key supplier of health information technology to all the major Australian
    State Governments and lays the foundations for iSOFT to participate in National E-Health initiatives.”
    End of release
    For further information contact:
    Gary Cohen
    Executive Chairman & CEO
    IBA Health Group Limited
    Phone: +61 2 8251 6700
    Email: [email protected]
    Media
    Greg King
    Group Communications & Marketing Director
    IBA Health Group Limited
    Phone: +61 413 621 111
    Email: [email protected]
 
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