UK and Australia-based company Healthcare Procurement Partners (HPP) has expanded its Asia-Pacific operations with a contract to deliver cost-savings and process improvements for the largest corporate healthcare provider in Asia-Pacific, Fullerton Healthcare Group.
Following an initial program of reducing non-payroll spend for Fullerton Healthcare’s Australian subsidiaries, Brisbane-based HPP will now pursue similar procurement projects in Singapore and Indonesia.
While the terms of the Project Fusion contract between HPP and Fullerton Healthcare Group remain commercial-in-confidence, HPP’s local on-site presence in these key Fullerton Healthcare markets is expected to deliver significant repeatable annual savings by mid-2015.
HPP’s Managing Director, Daniel Williams, said his company’s immersive and performance-based project partnership model addressed key challenges for the international corporate healthcare sector.
“Companies like Fullerton Healthcare, that are providing comprehensive and integrated healthcare solutions for multinational corporations and their employees, need expert and agile procurement support,” Mr Williams said.
“HPP understands the global healthcare sector, and we have a business model that allows our project managers to work right beside the client’s procurement team, wherever they might be based.
“This promotes the transparent exchange of knowledge about how and where to unlock savings and improve cost-efficiencies, locally and more widely,” he said.
Fullerton Healthcare, which operates more than 130 clinics across Asia-Pacific and provides healthcare solutions to over seven million people, has pioneered corporate healthcare in the region.
Royston Lek, Executive Vice President, Operations, said Fullerton Healthcare Group valued the niche expertise of HPP’s team.
“HPP understands, like we do, that to stay competitive and deliver the best value to our corporate clients throughout the region, we need to be very efficient in managing our costs and services,” Mr Lek said.
“As we expand in the region, we will be able to improve our benchmark knowledge of essential healthcare and medical services, so as to stay ahead of the game.
“The distinctive expertise that HPP brings to our procurement operations allows us to focus on what we do best, which is provide tailored corporate solutions and other specialist healthcare services to more than 25,000 organisations across five countries.”
Mr Williams conceded that Project Fusion is one of the most ambitious ventures undertaken by his company with a private sector client.
“Unlike other procurement services, we design bespoke strategies all the way from project scope to implementation.
“With Fullerton Healthcare Group’s operations ranging so widely from surgical centres, GP clinics and dental services to pharmacy, physiotherapy and pre-employment medicals, we will certainly be drawing deeply on our significant combined experience,” he said.
Healthcare PP (HPP) is a UK-established and Australian-based procurement management consultancy specialising in healthcare. HPP helps clients, ranging from large public hospitals to niche private clinics, to solve purchasing problems and find sustainable savings in all medical and non-medical categories.
HPP offers a number of project partnership models, including the immersion of specialist consultants in the client’s workplace to facilitate knowledge transfer and capacity building in effective techniques for non-pay cost-savings.