Acquisition of PS SUITE EMR from MD Practice Software LP closed today
MONTREAL, March 4, 2013 /CNW/ - TELUS Health announced today the completion of its acquisition of the PS SUITE EMR, the electronic medical record (EMR) business operated by MD Practice Software LP, a member of the MD Physician Services Group and a subsidiary of the Canadian Medical Association. Financial terms of the agreement were not disclosed. TELUS announced its intent to acquire PS SUITE EMR on February 26, 2013.
With the acquisition of Ontario's largest EMR provider, TELUS Health is positioned to further expand its reach in the first line of care, providing EMR solutions to 9,000 Canadian physicians across the country, impacting more than 25 million patient interactions each year. TELUS Health currently provides solutions to all major stakeholders in the health system, including hospitals, pharmacies, and extended healthcare providers such as physiotherapists and chiropractors.
"We are thrilled to announce the completion of the acquisition today, as we continue to further extend our unparalleled reach providing EMR solutions to all physicians and specialists across the healthcare system," said Paul Lepage, President, TELUS Health.
More than 10 years ago, TELUS made the decision to use its world-class technology and innovation to address the unprecedented challenges facing our healthcare system. To support this, TELUS has invested more than $1 billion over the past five years, including the acquisitions of EMR providers Wolf Medical Systems in Western Canada and KinLogix in Quebec. The combined strength of these acquisitions, coupled with organic growth, positions TELUS Health as the leading EMR provider in Canada.
About TELUS Health
TELUS Health is a leader in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health solutions give health authorities, providers, physicians, patients and consumers the power to turn information into better health outcomes. For more information about TELUS Health, please visit telushealth.com.
TELUS (TSX: T, NYSE: TU) is a leading national telecommunications company in Canada, with $10.9 billion of annual revenue and more than 13.1 million customer connections, including 7.7 million wireless subscribers, 3.4 million wireline network access lines, 1.4 million Internet subscribers and 678,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed more than $300 million to charitable and not-for-profit organizations and volunteered 4.8 million hours of service to local communities since 2000. Fourteen TELUS Community Boards lead TELUS' local philanthropic initiatives. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.
For more information about TELUS, please visit telus.com.
SOURCE TELUS Corporation