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Medibank's tech to get pre-sale check-up

An external consultant will conduct a review of Medibank Private's IT systems as the federal government decides how to privatise the health insurer. In mid-July Finance Minister Senator Nick Minchin announced investment bank Carnegie, Wylie & Company had been appointed as the business adviser for the sale.
Written by Renai LeMay, Contributor
An external consultant will conduct a review of Medibank Private's IT systems as the federal government decides how to privatise the health insurer.

In mid-July Finance Minister Senator Nick Minchin announced investment bank Carnegie, Wylie & Company had been appointed as the business adviser for the sale. The bank today advertised for an IT specialist to "assist in providing a review of Medibank Private's IT systems in connection with the sale".

The bank's nominated spokesperson declined to comment on what the review would entail or how it would assist in the sale process.

Like many public organisations, Medibank has in recent years moved from a so-called "big bang" outsourcing deal to a multi-vendor select sourcing model for IT services.

In May last year the health insurer said it would no longer source anything but "mainframe services" from incumbent outsourcer IBM Global Services Australia, handing contracts instead to Datacom Systems, Getronics and Telstra.

This year has seen Medibank chief information officer Surinder Singh leave the company to be replaced by banking technology veteran Kerry Crompton.

"We are renewing business technology systems to ensure we are more efficient, competitive and responsive to members," said Crompton in an April statement.

Medibank has some 1,500 staff serving approximately three million customers.

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