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NHS SBS meaning in Medical ?

Answer» What is NHS Shared Business Services mean?

NHS Shared Business Services (NHS SBS) is a joint venture company in the United Kingdom between the Department of Health (DoH) and the French IT services company Sopra Steria. It provides back office services such as accounting, procurement, payroll and managed IT to NHS organisations.

NHS SBS was formed in 2005 to provide a more efficient method of supplying business services to the National Health Service (NHS); by supplying many trusts it claims to have achieved cost savings of 30% due to benefits from economies of scale, with a target of saving £1bn by 2020.

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