AUSTRALIAN listed online medication management company MedAdvisor has made yet another strategic acquisition bringing in a network of 100,000 patients who can be introduced to the company's tools to manage their medication and prescription history.
MedAdvisor has acquired the assets of OzDocsOnline, the online doctor-patient communication platform and a subsidiary of Point of Care Diagnostics, for a total cash outlay of A$150,000.
As well as the additional network of patients, the move adds new services to the company's offerings, including online consultations, appointment bookings and communication of test results.
Around 100 new clinics and more than 300 GPs are to be exposed to more than 100,000 patients, while patients will also gain more ready access to repeat prescriptions, specialist referrals, pathology results, secure e-messaging service and e-consultations.
The deal is expected to settle on 31 Jan and integration of the two organisations is planned for completion by Aug this year.
Some elements will take a little longer to tie in but full integration with GP Link and GP Connect (Healthnotes) is set for Q1 2018.
The new arrangements follow a string of growth-promoting links MedAdvisor has made, including Patient Engagement Programs (PEPs) with nine of Australia's largest pharmaceutical companies engaged including Novartis, Bristol-Myers Squibb, GSK, AstraZeneca and Pfizer (PD 09 Dec 16), all designed to maintain growth for the ongoing income stream, the company said.
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