Xansa wins preferred partner status at DoH

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The Independent Online

Xansa, the international business process and IT services company, yesterday received a boost by being recommended as the preferred partner by the Department of Health for a joint venture contract to provide finance and accounting services to the NHS.

Xansa, the international business process and IT services company, yesterday received a boost by being recommended as the preferred partner by the Department of Health for a joint venture contract to provide finance and accounting services to the NHS.

The company is thought to have been chosen ahead of competitors such as Atos Origin and Capita among others.

Its chief executive, Alistair Cox, said: "This opportunity sits at the heart of our strategy to grow in the government sector. Working with the DoH, we will deliver significant and tangible benefits that are able to be channelled to front line patient care."

The 50-50 joint venture is a 10-year deal, said to be worth around £250m for Xansa, making it one of the group's largest contracts to date. It is to be based around the DoH's existing Shared Financial Service Centres (SFSC) in Leeds and Bristol that currently provide services to 35 of the 663 NHS organisations and DoH agencies. A spokesman for the company said: "Winning this JV with the NHS gives us the best calling card in the UK. Already we are seeing a lot of businesses starting to accelerate their thinking with regards to their approach to finance and accounting."

Xansa's shares rose 7.5p to 92.5p, having fallen to a low of 66p in August.

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