Australian IT Company Wins Major Record Keeping Contract

Australian IT Company Wins Major Record Keeping Contract

December 5, 2005: Australia’s IBA Health Limited has won a $6.6 million hospital license and service agreement with Thailand’s Siriraj hospital in Bangkok.

The deal sees IBA’s administration and record keeping software implemented in Siriraj hospital and the University of Mahidol’s Faculty of Medicine where it will manage their administration, clinical and financial needs.

Siriraj hospital is Thailand’s leading teaching and referral hospital, serving 1.6 million outpatients and 80,000 in-patients annually.

IBA’s technology is a key component of the University of Mahidol’s Faculty of Medicine’s strategic plan to develop Siriraj hospital as a centre of excellence for medical care and biomedical research in Southeast Asia.

“By international standards, IBA is a relatively small IT company and to be considered as the best provider in this field by a major Thailand hospital, is testament to the credentials of both IBA’s ability and to Australian credibility,” says Parliamentary Secretary to the Minister for Trade, Senator Sandy Macdonald. “IBA’s achievement shows the diversity of opportunities in the Thai market. It is not just commodities where Australian companies can succeed.”

The Thailand-Australia Free Trade Agreement (TAFTA) has been instrumental in building cooperative business relationships and has, as Senator Macdonald says, “raised the level of awareness of Australia as a business partner and the willingness of Thai companies to deal with Australian companies in areas that were not previously thought of.”

IDM is awaiting further comment on this story from the Minister for Trade and IBA.

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