Telstra Health’s appetite for acquisition continues. The latest moves are the purchase of a remaining 50% stake in Fred IT, the Australian electronic prescriptions delivery solutions provider, and its purchase of a remaining 30% stake in hospital costing and revenue software solution vendor PowerHealth Solutions.
Telstra Health bought its first 50% stake in Fred IT in 2013, and its first 70% stake in PowerHealth Solutions in 2021.
The Signify View
Although modest in size, the Fred IT deal is another brick in the wall of Telstra Health’s rather imposing…
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