Telstra Well being is to completely purchase pharmacy IT options supplier Fred IT Group.
The corporate, which has held a 50% stake in Fred IT since 2013, revealed in a media launch that it’ll buy the remaining half from the Australian Pharmacy Guild Victoria department and Fred IT co-founder Paul Naismith. government officer.
Upon completion of the transaction, Naismith will function CEO alongside Fred’s current IT workforce. Pharma IT suppliers will proceed to develop options and supply providers as traditional. Fred IT has all the time offered the one Since final yr, Australia has launched a nationwide digital prescription supply service.
bigger development
Telstra Well being has been making acquisitions and forming partnerships over the previous few years to determine itself as a worldwide digital healthcare participant.
In 2021 alone, it signed a deal to amass the observe administration software program supplier MedicalDirector and Adelaide-based well being know-how supplier PowerHealth.
Earlier this yr, Telstra Well being Offered its messaging and e-referral enterprise to HealthLink, zeroing in on its related well being portfolio. On the similar time, it lately partnered with Canada’s Smile Digital Well being to introduce the latter’s FHIR interoperability answer to Australia and New Zealand.
The corporate has additionally made key government appointments in recent times to help its former executivespansy actions. In 2022, the then New South Wales Minister of Well being took workplace Elizabeth Koff and former Cerner official Dr. Monica Trujillo function managing director and chief well being officer, respectively. Farhoud Salimi is government director of service supply for eHealth NSW and was appointed chief know-how officer final yr. Common practitioner Dr Janice Tan was appointed scientific director of the corporate earlier this yr.
report on file
The Managing Director mentioned: “This acquisition gives alternatives for the long-term progress of Telstra Well being in Australia and creates alternatives for our enterprise to leverage our collective capabilities, experience and know-how as we determine additional synergies to Connecting healthcare digitally.
“Pharmacies are the cornerstone of Australia’s healthcare business and the primary level of contact for numerous Australians. With Fred IT now totally owned by Telstra Well being Group, pharmacists will be capable to combine extra seamlessly into the digital well being sector of well being and aged care Fred IT Chief government Paul Naismith additionally commented on the acquisition.
