Telstra Health has expanded its global health analytics capability by acquiring UK firm Dr Foster.
Dr Foster works with healthcare organisations to drive sustainable improvements in their performance through better use of data. It uses risk-adjusted methodologies to compare the outcomes of individual hospital patients, allowing for individual factors such as medical history, age or other background factors.
The acquisition builds on an existing relationship with Dr Foster, whereby Telstra Health had secured the exclusive rights to resell its products and services in Australia from December 2013, with 15 health services currently utilising these services.
Telstra Health managing director Shane Solomon said the Dr Foster acquisition will provide the company with cutting edge analytical capability.
“Health analytics is a key ingredient to improving efficiency, safety and outcomes for patients, providers and health insurers. The acquisition of Dr Foster aligns with Telstra Health’s strategy to create a truly connected health care system and become a leading provider of integrated eHealth solutions,” Solomon said.
“We’re committed to building the business, both in the established markets in Australia and the UK, but also to explore more global opportunities and ways we can integrate the products with other eHealth solutions to create a connected system.”