Building Healthcare Business | Q-Audit Acquisition
01 February 2021
BSI, the business improvement company, today announced the acquisition of Q-Audit, a JAS-ANZ accredited healthcare auditing body based in Sydney, Australia and Auckland, New Zealand. The deal will see Q-Audit become part of BSI’s assurance business and from today will operate under the BSI brand.
The acquisition of Q-Audit strengthens BSI’s expansion of its healthcare services certification business in both the Australian and New Zealand market, supporting BSI’s international growth strategy. This investment, combined with BSI’s recent acquisition of HDANZ in August 2019, boosts the organization’s ambition to become the principal certification body in both the New Zealand and Australian Healthcare Services markets.
Q-Audit began operating in 1993 under the name Health Audit Group and rebranded in 2017 to reflect its mission to be true ‘Purveyors of Quality’. With clients across Australia and New Zealand, it predominantly provides health services related to disability employment, advocacy, mental health, private clinics, hospitals and other profit / not for profit providers.
Susan Taylor Martin, Chief Executive at BSI says, “This acquisition is reflective of our key strategic aim – to build on our existing expertise in the region through our services in Australia and New Zealand. It is a positive step towards achieving our ambition of becoming the region’s leading provider in the healthcare sector and BSI’s global expertise will perfectly complement Q-Audit’s in-depth local knowledge. Crucially, the strategic fit between our two firms will add value to our respective client bases, helping them unlock excellence and become more resilient and trusted.”
Majid Zahoor, Managing Director at Q-Audit, says, “Over the past few years, we’ve really focused on establishing ourselves as one of the most trustworthy bodies and brands within the health, medical and care industry in New Zealand and Australia. Our aim is to work with the Australian and New Zealand healthcare sector to improve quality and ensure organizations are performing at their best – merging with BSI will enable us to go even further and faster in achieving this goal.”
Terms of the acquisition were not disclosed.
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Notes to Editors
About BSI
BSI is the business improvement company that enables organizations to turn standards of best practice into habits of excellence. For over a century BSI has championed what good looks like and driven best practice in organizations around the world. Working with 84,000 clients across 193 countries, it is a truly international business with skills and experience across a number of sectors including aerospace, automotive, built environment, food, and healthcare. Through its expertise in Standards Development and Knowledge Solutions, Assurance, Regulatory Services and Consulting Services, BSI improves business performance to help clients grow sustainably, manage risk and ultimately be more resilient and trusted.
To learn more, please visit: www.bsigroup.com/en-nz
About Q-Audit
Q-Audit care about the health of your organization as much as you care about the health and wellbeing of your clients. Quality is our business and we bring passion and expertise to every project.
Our business has been operating since 1993 and in that time have established a reputation for comprehensive auditing and quality certification services to the medical, health, disability support and other human services. We changed our name to Q-Audit in 2017 – it was time for our brand name to reflect the breadth of our services more accurately, the authority that we have built within the industry, as well as the digital transformation we have started to embark upon.
