Riyadh, Saudi Arabia - June 18, 2011 Riyadh Valley Company (RVC) of King Saud University, a Saudi government owned investment firm with vision is to be the leader in knowledge based investment and technology transfer in the MENA region announced today it has entered into partnership with Cerner a leading supplier of health information technology in the world and Zamil Group, one of Saudi Arabia's leading business group to form Riyadh Valley HIS Company to offer Health Information Systems and Services to its affiliated hospitals as well as other Ministry of Higher Education and private hospitals in the kingdom.
"We see enhancing our country's healthcare services as a key component of this change and are proud to work with Cerner and Zamil Group to play an emerging role in how that care is delivered to the Saudi Community." said Dr. Abdullah Al Othman, the president of King Saud University. "Through this Public Private Sector Partnership (PPP), our university company has opportunity to positively impact the quality of life for all Saudis."
Cerner Millennium the industry's most comprehensive, unified, contemporary information architecture will offer following benefits to KSU and other hospitals in the Kingdom:
- One Patient One Record -- Full Clinical Care Continuity Documents over a life time.
- Improve their control over their hospitals through on time reporting.
- Employment opportunities for Saudi graduates as well as IT and Healthcare Allied professionals
- Reduce Healthcare cost.
- Increase quality of care and patient safety.
- Maximize operational efficiency.
"The health care sector continues to be a key component in the Kingdom's shift to a knowledge-based economy from an oil-based one. This joint venture aligns Cerner with two well-established organizations in the country that have proven track records of successful operations" said Greg White, vice president and managing director, Cerner Middle East and Africa. "Together, the three companies will work to provide a new delivery model for health care technology in Saudi Arabia.
"We share with RTV and Cerner a commitment to contributing to the well being of our communities and see this project as critical to the long term success of healthcare in our country" Said Dr. Abdulrahman Al Zamil, Chairman of Zamil Group.
This partnership, Dr. Al Zamil added is the first of its kind to provide HIS Systems and Services and offer opportunity to KSU and other universities to transform their HIS cost centers into profit centers.
Dr. Al Zamil concluded by saying "My vision is to see Riyadh Valley HIS Company to become a major source of HIS Technology provider in the Kingdom and the region."
About Cerner
Cerner is transforming health care by eliminating error, variance and waste for health care providers and consumers around the world. Cerner® solutions optimize processes for health care organizations ranging in size from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, employer health and wellness services industry and for the health care commerce system. These solutions are licensed by approximately 9,000 facilities around the world, including more than 2,600 hospitals; 3,500 physician practices covering more than 30,000 physicians; 500 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 800 home health facilities; and 1,600 retail pharmacies. The trademarks, service marks and logos (collectively, the "Marks") set forth herein are owned by Cerner Corporation and/or its subsidiaries in the United States and certain other countries throughout the world. Nasdaq: CERN.
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