Australian healthcare costing and billing software vendor PowerHealth Solutions has partnered with technology company Evosys to bring the PowerPerformance Manager activity based costing system to the Middle East.
Healthcare spending in the Middle East is expected to increase by 10 percent annually1 due to population growth and governmental efforts to expand access to care2. To control rising costs, hospitals rely on accurate costing information to identify high cost areas where improvement strategies can make the most difference.
PowerPerformance Manager (PPM) is the most popular activity based costing solution in Australia, with public and private hospital clients as well as State Health Departments and Area Health Services.
Evosys is a fast-growing IT consulting company that caters primarily to the Middle East with offices in Dubai, AbuDhabi, Riyadh, Bahrain, Kuwait and Qatar. With their extensive healthcare consulting experience and large customer base, Evosys is ideally placed to deliver the PPM activity based costing system to the Middle East health industry.
PowerHealth Solutions CEO Patrick Power said, “We are delighted to have Evosys as our Middle East Partner for PPM. They are a fast growing company with 550 staff with significant reach into the Middle East through their local presence in each country. Already I have been very impressed with their ability to take on PPM as a new offering in their product portfolio and promote it across the region with minimal assistance from PHS.”
1 “Middle East, Africa lead rising global health care costs for 2014: Survey” by Jerry Geisel, Business Insurance, 16 May 2014.
2 Trend #4 in “5 Big Financial Trends for the Global Healthcare Market” by Laura Miller, Becker’s SPINE REVIEW, 29 May 2014.
Evosys is a leading IT organisation based in Ahmedabad, India. The company has a large client base in the Middle East with six offices in the capital cities. The company has 550 skilled consulting staff and a proven track record in implementation for different verticals like Healthcare, Public Sector, Private Sector, Finance, Logistics, Manufacturing and Distribution.
PowerPerformance Manager (PPM) is the leading activity based costing solution in Australia. It consolidates hospital data from clinical, administration and financial systems to give valuable business insight into hospital costing, revenue, performance and profitability. PPM calculates detailed costing of hospital service delivery at the finest granularity (cost output by service) to allow reporting at any higher level as required (eg service line, encounter, patient, HRG, private health fund). PPM is internationally recognised with clients in the US, the UK, Ireland, and New Zealand.
About PowerHealth Solutions
PowerHealth Solutions is a dynamic Australian software development company specialising in activity based costing, hospital billing and patient safety solutions for healthcare organisations. ISO 9001 quality-accredited since 2001, the company is a market leader in Australia and New Zealand, with international recognition in the United States, United Kingdom, Ireland, Hong Kong, and Malaysia.
Ms Beverley Deakin, Marketing ManagerP: +618 8410 6404
M: +61 417 818 563