TELUS Health (TU) Completes Acquisition of Canadian Operations from Nightingale Informatix
- Major stock indexes rise again to new records
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- Third-Party Said Interested in PrivateBancorp (PVTB) as CIBC (CM) Deal is Delayed
- Insys Therapeutics (INSY) Sinks as Former Employees Arrested in Racketeering Scheme
- Lower for longer, ECB scales back asset buys
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
TELUS Health announced that it has completed the acquisition of Nightingale Informatix Corp.'s Canadian business operations, including its proprietary Electronic Medical Record (EMR) software and nearly 5,000 physician customers across Ontario, Western Canada and Atlantic Canada.
This acquisition includes the transition of 42 Nightingale team members and their collective expertise to TELUS Health, which will allow TELUS to provide customers with consistent service and a seamless transition.
"Canada has made great strides in the last few years in transitioning from paper to digital in our primary healthcare clinics, which is where over 70 per cent of patient interactions take place," said Paul Lepage, President TELUS Health. "We look forward to welcoming a new group of physicians to our community of users, and working with them to unleash the next stage of healthcare transformation in Canada: the ability to collaborate more effectively with other medical practitioners by sharing key patient information, and transact electronically and directly through their EMR."
This acquisition and the integration of Nightingale within TELUS Health supports the company's strategy to build a growing ecosystem of care providers and patients who take advantage of collaborative tools, in support of driving better health outcomes for Canadians.
"TELUS was the first Canadian company to see the potential of connected health and to act on its vision throughout the years. With a consolidating marketplace, they were for us the best positioned to continue leading in this space, serve the customers we've worked so hard with over the years, and ensure they evolve successfully along with Canada's digital healthcare transformation," said Sam Chebib, CEO, Nightingale Informatix Corp.
"We are thrilled to be joining Canada's largest healthcare IT team. We strongly believe that our clients will benefit greatly from TELUS' vision and commitment to healthcare in Canada and their wide range of products and services, backed with a world-class telecommunications infrastructure and culture of innovation," said Alia Mourtada, Nightingale's VP, Business Development and Strategic Initiatives.
With assets now spanning from coast to coast, expertise, strategic partnerships and a proven track record, TELUS Health is uniquely positioned to deliver transformational services that scale, including secure communications, ePrescribing, eReferrals and more efficient coordination and delivery of primary, home and community care.
"Working with TELUS, we'll advance our shared commitment to inter-professional and integrated health services," says Adrianna Tetley, CEO of the Association of Ontario Health Centres, which represents the largest group of Nightingale customers migrating to the TELUS Health platform. "With its strong research and development capabilities, TELUS can take us to the next level of innovation serving our members with an integrated and bilingual EMR."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GE Transportation (GE) Acquires Iders Incorporated
- Northwest Biotherapeutics (NWBO) Offers Update on Phase 3 Trial Of DCVax-L for Newly Diagnosed GBM Cancer
- LinkedIn (LNKD), Microsoft (MSFT) Deal Closes
Create E-mail Alert Related CategoriesCorporate News, Management Comments, Mergers and Acquisitions
Related EntitiesDefinitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!