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Summary, notice description and lot information
The NHS Surrey Heartlands Integrated Care Board has completed the procurement process for echocardiology services in North West Surrey, specifically awarding the contract to Madeira Medical Practice. This contract, valued at approximately £130,896 over two years, involves providing essential cardiology services, including echocardiograms, under a Direct Award Process C. The procurement falls under the Provider Selection Regime (PSR) as per the Health Care Services (Provider Selection Regime) Regulations 2023, and is thereby exempt from the Public Contracts Regulations 2015.
The decision to award the contract was finalised by the Surrey Heartlands ICB Commissioning, Contracting & Commercial Committee on 4th July 2024, with the service term running from 1st April 2024 to 31st March 2026. The project aligns with the industry's healthcare services category in the UKJ25 region, with a procurement method of direct award without a call for competition. This procurement offers significant opportunities for businesses specialising in healthcare diagnostics, particularly those with a focus on cardiology and echocardiography.
Companies that have experience in delivering high-quality, cost-effective diagnostic services and possess the capability to innovate within the healthcare sector may find this type of opportunity advantageous for business growth. Madeira Medical's ongoing commitment to quality, value, integration, and local socio-economic contributions illustrates the potential for similar businesses to secure and thrive under similar contracts. For ventures invested in collaborative healthcare models and digital health integration, this contract exemplifies the operational standards and innovative practices desirable for future procurement opportunities.
Madeira Medical provides Echocardiography which is an essential diagnostic tool in the treatment and management of patients with suspected heart failure and other heart conditions. Surrey Heartlands ICB has awarded the contract to the existing provider following Direct Award Process C. The approximate lifetime value of the contract will be PS130,896.00 (PS65,448.00 per annum) over the two-year term, from 1st April 2024 until 31st March 2026.
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