Ministry of Health and GE deliver digital solutions to transform Kingdom’s health care sector

The Ministry of Health and GE have committed to driving positive change in the Kingdom’s health care sector through digital solutions.
Updated 17 March 2018
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Ministry of Health and GE deliver digital solutions to transform Kingdom’s health care sector

The Saudi Ministry of Health and GE have delivered the first phase of a landmark memorandum of understanding (MoU) focused on digital transformation in health care, signed in May 2017 in the presence of King Salman. In the MoU, the Ministry of Health and GE committed to driving positive change in the Kingdom’s health care sector through digital solutions, directly supporting the National Transformation Program and the aims of Saudi Vision 2030.
The key solution deployed as part of the MoU is the cloud-based Electronic Medical Record (EMR), a digital record of a patient’s entire health care journey, which replaces the manual, handwritten paper charts previously used. The solution will be on Predix, GE’s platform for Industrial Internet of Things applications.
EMR is currently live in three Ministry of Health hospitals in the Kingdom: Al-Kharj Maternity and Children’s Hospital, Al-Bukayriyah General Hospital, and Yanbu General Hospital.
Benefits of EMR include being able to see results over time to track progress of a medical condition; quickly identifying when patients are due for preventative visits or screenings; reducing the number of transcription errors; reducing report turnaround times; and providing a holistic view of patients’ visits, results, and conditions.
Dr. Tawfiq Al-Rabiah, minister of health, said: “This is a significant step in the transformation of the Kingdom’s health care sector in line with the goals of our leadership to enhance patient care and deliver the highest quality of service. The welfare and well-being of our people is a fundamental priority of the leadership, and we see significant opportunity in leveraging digital solutions for boosting health care delivery. GE’s partnership with the Ministry of Health is a pioneering example of how Saudi Arabia is redefining our health care landscape through best-in-class solutions.”
John Flannery, chairman and CEO of GE, said: “EMRS was built to drive quantitative and qualitative improvements to the Kingdom’s health care sector through digital transformation. This new innovative technology will deliver tangible, game-changing results for health care providers and patients across the Kingdom. The more relevant information that health care providers have about their patients, the better positioned they are to serve their needs.”
Hisham Al-Bahkali, president & CEO, GE Saudi Arabia and Bahrain, said: “Saudi Arabia is shaping a new growth narrative led by Vision 2030 that places the welfare of its residents as the top-most priority. The Kingdom’s emphasis on diversification and partnerships offers a significant opportunity for companies like GE to partner in the growth vision of the Kingdom.”


Mobily quarterly loss down by 49%

Updated 54 min 3 sec ago
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Mobily quarterly loss down by 49%

Saudi telecom provider Mobily decreased its quarterly losses in Q1 2018 by 49 percent to SR93 million ($24.84 million) compared with SR182 million in Q4 2017. This was mainly due to a growth of revenues driven by a better mix of products mainly from data, the increase of efficiency in managing operational expenses, the impact of implementing IFRS 9 and 15, and the reversal of certain provisions that are no longer required, according to the company.

Revenues improved for the second consecutive quarter reaching SR2,833 million in Q1 2018 compared with SR2,827 million in Q4 2017, a slight increase of 0.2 percent, despite the following:

l The impact on sales at the beginning of the year due to the implementation of the value-added tax (VAT). 

l The reduction in interconnection rates by 45 percent.

l The seasonality of handset sales, and its increase in Q4 2017.

l The seasonal decrease related to the number of days in Q1. 

Without the decrease of the interconnection rates, revenues would have grown by 2 percent.

Mobily’s gross profit increased in Q1 2018 by 6.6 percent to SR1,663 million compared with SR1,560 million in Q4 2017. This increase is mainly due to the reduction in interconnection rates during Q1 2018 compared with those of Q4 2017 and the reduction in equipment costs in Q1 2018 compared with Q4 2017.

Mobily managed to grow its revenues for the second consecutive quarter. Q1 2018 revenues slightly decreased by one percent (SR33 million) to SR2,833 million compared with SR2,865 million in Q1 2017. Mobily achieved a stable level in revenues despite the general economic and regulatory changes, including the impact on sales in the beginning of the year due to the implementation of VAT, and the reduction in interconnection rates by 45 percent.

Without the decrease of the interconnection rates, the revenues would have grown by one percent year over year.

The gross profit stabilized at SR1,663 million in Q1 2018 compared to SR1,665 million in Q1 2017 with a slight decrease by 0.12 percent, despite the slight decrease in revenues.