Technology firm Servelec Group has announced that it has been awarded a position on a major new procurement framework, developed by business support specialist NHS Shared Business Services, for use across the NHS.
The framework provides trusts with a rapid procurement route and a focus on a comprehensive set of functional requirements that enable users to localise their requirements.
It also provides systems integration. The framework has six lots: Core PAS; ED Emergency; Theatres; Child Health; Maternity; and E-prescribing.
Servelec Healthcare has been placed across all six lots on the framework with consistently high scores in the selection process, an indication of the strength of Servelec Healthcare’s strong product capabilities and reference ability in the market.
Chief executive of Sheffield-based Servelec, Alan Stubbs, said: “We are delighted to have been awarded a position for all six lots on this very important procurement framework. It is a critical step forward as we focus on capitalising on the substantial growth opportunity we have identified in the North Refresh.”
This is a significant step for Servelec Healthcare as it will enable NHS Trusts to save time and money when procuring new solutions by avoiding the need to go through the full OJEU process.
The board estimates that this will create an addressable market of over £500m. It is expected that tender activity against the framework will begin in the first half of 2015.
In 2014, Servelec announced the £23.5m acquisition of software provider, Corelogic – its first acquisition since its IPO in December 2013. Last year it was also named the preferred bidder for IT services at 17 NHS Trusts
In a trading update for the year ended December 31, Servelec said it had continued the good progress and momentum it has reported to date, following its IPO.
It anticipates releasing its preliminary results for the year ended December 31 on March 11.