TELUS acquires Wolf Medical Systems, Canada's fastest-growing cloud-based EMR (Electronic Medical Record) provider
Acquisition creates TELUS Physician Solutions line of business dedicated
to helping physicians improve productivity and deliver better health
outcomes for patients
VANCOUVER, Feb. 2, 2012 /CNW/ - TELUS Health Solutions today announced
the acquisition of Wolf Medical Systems. This acquisition will create a
new line of business within TELUS Health Solutions called TELUS
Physician Solutions. Financial terms of the agreement were not
disclosed.
TELUS has selected Wolf based on its people, technology, and a shared
vision of how information, communications and technology (ICT) can
transform healthcare for Canadians. Wolf Medical Systems is Canada's
largest and fastest-growing cloud-based EMR provider. Since 2010, over
11 million patient visits have been documented by physicians using Wolf
EMR. On a typical day, physicians using the system see more than 26,000
patients, prescribe 23,000 medications and review 166,000 lab results.
Now, access to EMRs can be further expanded by combining Wolf's hosted,
cloud-based technology with TELUS' secure, wireless and wireline
broadband communications networks.
The addition of Wolf EMR (for physicians) rounds out TELUS' portfolio of
world class health record solutions including TELUS health space (for
the home and on the go via a smartphone or tablet) and Oacis (for
healthcare institutions). TELUS is now uniquely positioned to
facilitate the integration of health records from the home, to the
doctor's office and to the hospital; ensuring critical health
information is available to care providers over secure, wireline and
wireless broadband networks wherever and whenever they need it.
"Electronic medical records are an essential building block to an
efficient healthcare system in Canada," explained Paul Lepage, senior
vice-president, TELUS Health Solutions. "While EMRs have been proven to
increase efficiency and performance at both the clinical and regional
healthcare system levels, Canada's EMR penetration rate of about 32 per
cent lags behind other OECD countries. By committing to the EMR market
with a best-in-class solution, combined with the connectivity that our
wireless and wireline broadband networks enable, we are positioned to
help increase this adoption rate which will in turn improve work
processes, efficiencies in service delivery, and patient health
outcomes."
The new TELUS Physician Solutions organization will be led by Dr.
Brendan Byrne, a practicing physician and founder of Wolf Medical
Systems. Dr. Byrne's team of more than 75 EMR professionals, paired
with the depth and resources of TELUS, will allow for the rapid
expansion of capabilities uniquely directed at the physician market.
"Joining the TELUS team is a tremendous opportunity for Wolf Medical
Systems to fully realize our vision to be trusted by physicians to turn
information into outcomes," said Dr. Brendan Byrne, vice-president,
TELUS Physician Solutions. "TELUS and Wolf are already deeply aligned
in our commitment to develop and support technology that helps doctors
help patients. Now as part of TELUS, we can deepen our investments to
improve the physician experience and productivity, re-define EMR in
terms of outcomes rather than features and leverage the TELUS brand,
health portfolio and high-speed networking capabilities."
TELUS Physician Solutions EMR will be enhanced with the addition of
mobility, care collaboration, homecare and consumer solutions. This
will help doctors coordinate and share information with their extended
healthcare team and their patients and families anywhere, anytime.
Over the past 13 years Wolf Medical Systems has evolved EMR from a
simple software product to a market leading cloud-based EMR solution.
Since 2010, the company has exclusively committed to cloud-based
technology to enhance the physician experience in terms of patient care
and physician productivity while focusing on health outcomes. The
result is a secure, highly available, highly reliable cloud-based EMR
that reduces the investment required by physicians as they upgrade from
paper files to electronic systems.
About TELUS Health Solutions
TELUS Health Solutions is a leader in telehealth, electronic health
records, remote patient monitoring, mobile home and community care,
consumer health, benefits management and pharmacy management. Our
solutions give health authorities, providers, physicians, patients and
consumers the power to enhance decision making and improve outcomes for
Canadians. TELUS Health Solutions is transforming how information is
used across the continuum of care from hospital to home with solutions
that foster collaboration, drive prevention and empower care teams and
patients. TELUS Health Solutions is Canada's leading Healthcare IT
Company as cited by the Branham Group for five years and for being
honoured as the ITAC Health Company of the Year (2008) and Health
Transformation Company of the Year (2009). For more information about
TELUS Health Solutions, please visit www.telushealth.com and www.telushealthspace.com.
About TELUS
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications
company in Canada, with $10.3 billion of annual revenue and 12.6
million customer connections including 7.2 million wireless
subscribers, 3.6 million wireline network access lines, 1.3 million
Internet subscribers and more than 450,000 TELUS TV customers. Led
since 2000 by President and CEO, Darren Entwistle, TELUS provides a
wide range of communications products and services including data,
Internet protocol (IP), voice, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team
members and retirees have contributed $245 million to charitable and
not-for-profit organizations and volunteered 4.1 million hours of
service to local communities since 2000. Eleven TELUS Community Boards
across Canada 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.
For further information:
Janice Murray TELUS Health Solutions 416-487-5007Janice.murray@telus.com   James Watson Wolf Medical Systems 604-579-1000james.watson@wolfmedical.com
Â