Bespoke Managed Services designed to your needs

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Leading Vendor Neutral Managed Service Provider

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Fully HMRC Compliant

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IFRS ACCOUNTING COMPLIANCE

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Genmed

GENMED is a leading vendor-neutral managed services provider involved in all clinical disciplines within hospitals and public healthcare institutions, and their related IT and Infrastructure requirements.

With management experience in all clinical areas overseeing a core team and an extended network of 2500+ experts across all areas of our supply and delivery platforms, GENMED’s focus is centred on securing value for our customers.

Combined with a flexible,   structured finance solutions and bespoke elements, GENMED’s tailored service provision to hospitals and public healthcare institutions always is value-added.

We help generate operational and financial cost reductions whilst reducing administration and transaction costs, in doing so GENMED create cash releasing structures, and  tax efficient managed service contracts.

GENMED is also backed by a panel of asset finance banks for funding equipment and buildings and makes sure all MSCs include structuring to ensure they are ‘IFRS friendly ‘ and meet the IFRICS 4 and  the forthcoming IFRS16  requirements.

Genmed Benefits
What is an MSC?

What is an MSC?

A Managed Service Contract covers all aspects of the procurement, supply and service chain in a health care provision.

Importantly, as succinctly illustrated in David Bailey’s NHS Budget Holders Survival Guide, a Managed Service Contract (MSC) is not a Managed Equipment Service (MES) and provides a far larger scope and footprint for savings, through both budget and efficiency gains. 

What is an MSC?

Routes to market

Provider: NHS London Procurement Partnership Details: LLP Framework: Vendor-Neutral Managed Service Contract Provider. Extended until December 2017. Start date: 01/07/2012
Provider: North of England Commercial Procurement Collaborate Details: NOE CPC Medical Surgical Radiology Framework: The Provision of Pathology Equipment and Consumables. Start date: 01/10/2014
Provider: North Of England Commercial Procurement Collaborate Details: NOE CPC Pathology Framework: The Provision of Pathology Equipment & Consumables. Due to expire 30.9.2016 and new framework to begin 1.10.2016. Start date: 01/10/2014
Provider: North of England Commercial Procurement Collaborate Details: NOE CPC POCT Framework: The Provision of Point Of Care Testing Managed Service. Start date: 11/07/2016
Provider: NHS Shared Business Services Details: SBS Framework: Neutral Vendor Managed Services. Start date: Coming soon
Provider: OJEU tender Details: Open tender Start date: Available since 2007
Provider: Direct Award Details: The confidence of NHS Trust is demonstrated by the many direct awards Genmed has received. Start date: Available since 2007