Telus has come a long way ever since it first forayed into the business of electronic health records in June 2010. From its June 2010 development of Telus Health Space to its February of 2012 acquisition of Wolf Medical Systems, the company’s presence in the field has been dynamic and effective.
Last month, the company went one step further with the launch of Telushealth.com, an online hub for all of its e-health services. And earlier this week, Telus further boosted its EMR portfolio by scooping up KinLogix, Quebec’s largest provider of electronic medical records.
This deal marks Telus’ second EMR acquisition after it gobbled up Wolf Medical Systems in February.
KinLogix was founded in 2000 by Dr. Michel Hébert and the company’s flagship offering is a cloud-based service for capturing and managing patient data. Once the deal goes through, the KinLogix team will join the Telus Physician Solutions group. The acquisition is an important milestone for Telus as KinLogix holds 36 per cent of Quebec’s EMR market and its’ solution is deployed in more than 200 medical clinics.
On its part, Telus has dumped more than $1 billion into its health care services thus far and going by the company’s ‘Big 2012′ plans, it may not be done for the year yet.
“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,” Paul Lepage, senior vice-president, Telus Health said in a release.
Telus has always claimed that its health solutions can “revolutionize” the health care system in Canada and they might be right. The efficiency of automated EMR solutions could deliver could wind up cutting costs and granting access to key information to patients in need. It would free up time for general practitioners, too.
The terms of the acquisition were not disclosed.