Under the deal, which will be effective from 1 July 2012, Medibank will manage and coordinate the ADF’s healthcare services nationally, to ensure care is effective, efficient and of a consistently high quality from point of injury or illness through to recovery. This new agreement will simplify and streamline the healthcare process for approximately 80,000 permanent and reserve ADF personnel and reinforce Medibank’s position as a leading provider of health services and solutions, in addition to health insurance.
The complex transaction required collaboration from our Health Sector experts from across the firm. Outsourcing specialist partner Patrick Gunning led the King & Wood Mallesons team which also included legal consultant John Topfer, who advised on medical malpractice issues, and partner Philip Ward, who advised on the insurance related aspects of the deal. They were supported by Senior Associates Denisha Anbu, Kate Creighton-Selvay and Mandy Tsang.
King and Wood Mallesons advised Medibank on their response to ADF’s request for tender which was issued mid last year and provided support to Medibank’s negotiation team after Medibank was selected as the preferred tenderer. The team also worked with Medibank to put in place a range of subcontracts for various aspects of the services, such as pathology, imaging and radiology, optometry and the provision of on-base health practitioners. The firm continues to assist Medibank to leverage its existing relationships to connect every ADF facility with leading local providers through its network of private and public hospitals, and health professionals.
“We are pleased to have supported Medibank on this significant transaction. Medibank’s team has worked tirelessly for over a year to win this role, and it has been a privilege to work with such a dedicated and professional team,” said Patrick Gunning.
King & Wood Mallesons Health & Pharmaceuticals team has expertise covering the full cycle of legal, commercial and regulatory issues in the sector.
For more information, see the announcement from the Minister for Defence Science and Personnel here.
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Elle QuinnCommunications ManagerT +61 2 9296 3730
M +61 424 168 080