Bridge SaaS has appointed a new non-executive director in Martin Hoffman effective immediately.

Hoffman was previously CEO of the National Disability Insurance Agency for almost three years, prior to which he held several senior public service positions for several years within both the State and Commonwealth government level, including Secretary of the NSW Department of Finance, Services and Innovation and Deputy Secretary of the Commonwealth Department of Industry & Science.

Before joining the public sector, Hoffman also had a lengthy career in the private sector primarily in the digital media and technology sectors, as CEO of Ninemsn and he held senior roles at Optus, the Garvan Institute of Medical Research and Fairfax Media.

Expanding into NDIS sector

The company says the goal going forwards is to leverage its success within employment services and expand into adjacent market segments like the National Disability Insurance Scheme (NDIS).

“Martin’s experience within both the public and private sectors will be invaluable as we execute on our growth initiatives,” Bridge SaaS (ASX:BGE) MD and CEO Jamie Conyngham said.

Freshly listed on the ASX on October 6, Bridge offers direct exposure for investors to the NDIS with its all-in-one tech platform that enables providers to manage their client appointments, tasks for the day and bureaucratic documentation for compliance and claims from the government.

The Federal Government’s NDIS spending is forecast to provide $33.9 billion to over 500,000 Australians who have permanent and significant disability in 2022-23, growing to $44.6 billion in four years and exceeding expenditure on Medicare.

And Bridge says that increased spending potentially means that there will be more providers providing care to the population, and more providers mean more potential clients using Bridge, the company says.

This article was developed in collaboration with Bridge SaaS Limited, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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