Telstra Health Board Chair Brendon Riley said the $350 million acquisition of MedicalDirector was a key step in the leading aged, disability and community care software provider’s vision to create a connected and improved digital health experience for all operators.
MedicalDirector’s software delivers more than 80 million consultations a year and supports approximately 23,000 medical practitioners and clearly aligns with Telstra Health’s bid to provide its services from allied health through to primary and then tertiary care.
“GPs play a central role in connecting to every part of the health and aged care systems, and practice management is an incredibly important addition for Telstra Health in providing quality solutions and supporting them to deliver care. Telstra Health has transformed substantially over the past five years and this announcement reflects its continuing maturity as a business and its importance as part of Telstra’s long-term growth strategy. It also reflects its continued growth into a global business, including strengthening our existing presence in the UK where MedicalDirector has been establishing itself in recent years.” Mr Riley said in a statement.
Telstra Health’s Managing Director, Professor Mary Foley AM, said the acquisition supported Telstra Health’s vision to be a leading partner to the health and aged care sectors.
“Patient care journeys move back and forth across home, clinics, hospitals, aged-care and pharmacies. This acquisition helps realise our vision to connect and co-ordinate across the continuum of care, enabling smoother experiences for those who need it and provide it,” she said.
Professor Foley said Telstra Health will significantly increase investment in MedicalDirector to provide medical practitioners with the best digital solutions, across desktop and cloud, to support the future delivery of primary health care.
The purchase follows Telstra Health’s partnership with Hayylo, announced earlier this month and its purchase of a majority stake in global healthcare organisation PowerHealth.