Spotlight on Australia: Life and Health Sciences slide image

Spotlight on Australia: Life and Health Sciences

End Buyers and Procurement Process - Commonwealth Government is the major source of funding for Australian healthcare, contributing -41% of funding State and Territory Governments contribute -26% of funding Private individuals contribute -~A $28.6 billion (~£15.6 billion) out-of-pocket for purchasing health services Public hospitals account for 70% of medical device procurement and private hospitals account for 30% Invest Northern Ireland Government Procurement Process (usually state or territory level) Government agencies publicly issue a Request for Tender on govt tender websites Government procurement regulated by Commonwealth Procurement Rules. State & Territory governments also have their own procurement policies. Private Sector Procurement Process Private companies rarely publicly advertise Negotiate directly with an established network of suppliers Participation in private sector tenders is often by invitation only and may not be publicly advertised Could be challenging for NI exporters to participate without in-country partners. 12
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