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Aus Software Co Signs 6m Deal

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Maybe an op for some contractors out there

Thai hospital admits IBA

HEALTH software group IBA has signed a $6.6 million agreement with Thailand's oldest hospital.

Under the agreement, IBA will supply administration, clinical and record-keeping systems to the Siriaj Hospital in Bangkok. IBA said it also expected to sign a $1 million-per year maintenance contract at the end of the 12-month warranty period

The implementation of its systems was part of a plan by the hospital to turn itself into a centre of excellence for both Thailand and the region, IBA said in a statement.

The 2636 bed hospital sees around 1.7 million patients annually.

In September, IBA announced that it had renegotiated Kodak's $50 million stake in the company, which was first agreed to in July 2004. September also saw IBA buy Indian health IT developer MEDIACOM for $32 million.

IBA turned a net profit of $10.7 million for 2004-05

HEALTH software group IBA has signed a $6.6 million agreement with Thailand's oldest hospital.

Under the agreement, IBA will supply administration, clinical and record-keeping systems to the Siriaj Hospital in Bangkok. IBA said it also expected to sign a $1 million-per year maintenance contract at the end of the 12-month warranty period

The implementation of its systems was part of a plan by the hospital to turn itself into a centre of excellence for both Thailand and the region, IBA said in a statement.

I guess that means cozy, cozy times over at Bumrungrad now that Siriraj didn't go for their system...

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