Acquisition strengthens TELUS' ability to use technology to improve health outcomes
QUEBEC, Oct. 10, 2012 /CNW/ - Reinforcing its commitment to provide the best healthcare information technology solutions in Canada, TELUS announced today the acquisition of privately-held KinLogix, the largest provider of cloud-based Electronic Medical Records (EMR) in Quebec. Financial terms of the agreement were not disclosed.
This strategic acquisition strengthens TELUS Health's leadership in the EMR market and furthers its efforts to accelerate the adoption of EMR solutions to continue to improve Canada's health system, and most importantly, deliver better health outcomes for patients. The KinLogix EMR is a cloud-based solution used in medical clinics that captures, organizes, and displays critical patient data in one integrated patient record, while streamlining administrative tasks, improving care delivery and further enriching the patient-physician encounter.
"TELUS Health is committed to bringing best in class technology solutions to healthcare professionals so they can spend more time delivering high quality care to patients. By acquiring KinLogix, TELUS is delivering on its national strategy which will further the adoption of EMRs, an essential building block to an efficient healthcare system in Canada," said Paul Lepage, senior vice-President, TELUS Health. "Combined with TELUS' expertise and technology, the KinLogix EMR has the ability to share information electronically between physicians and patients, ultimately facilitating enhancement of care delivery and improvement of healthcare efficiency, thereby positively affecting the lives of Canadians."Founded in 2000 by Dr. Michel Hébert, KinLogix is the largest and fastest-growing EMR player in Quebec, representing 36 per cent of the province's electronic medical records market. The solutions are deployed in more than 200 medical clinics and support the work of more than 5,700 healthcare professionals. TELUS Health selected KinLogix based on its people, expertise, technology and a shared vision trusted by physicians to turn information into better health outcomes. TELUS and KinLogix are already deeply aligned in their commitment to develop and support technology that helps doctors help patients. The KinLogix team will join the TELUS Physician Solutions group and Dr. Michel Hébert will assume the role of Medical Director reporting to Dr. Brendan Byrne, Vice-President, TELUS Physician Solutions. "We've worked very hard to grow a community of doctors who use EMRs not only to improve efficiencies but also to positively impact patient care," said Dr. Michel Hébert, Medical Director, TELUS Health. "In aligning under TELUS, we'll be able to better answer physicians' needs and continue to develop innovative solutions, allowing for additional collaboration across the continuum of care. TELUS Health is going to help transform Canada's healthcare for the better, and we're proud to be joining their team." This is the second EMR solution acquisition for TELUS following the February 2012 acquisition of Wolf Medical Systems, Western Canada's leading cloud-based solution provider. These two acquisitions have strengthened TELUS Health's reach to additional physicians and medical clinics, and are facilitating health records integration across 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 . About TELUS TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $10.6 billion of annual revenue and 12.8 million customer connections including 7.4 million wireless subscribers, 3.5 million wireline network access lines, 1.3 million Internet subscribers and 595,000 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 $260 million to charitable and not-for-profit organizations and volunteered 4.2 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV