Telstra Health acquires health analytics firm Dr Foster

Telstra

Telstra Health has announced a key development in its health analytics capability with confirmation it has acquired UK based firm Dr Foster.

As part of the announcement it was revealed that Telstra Health will continue to build the Dr Foster business in Australia and the UK, as well as further pursue international opportunities. Telstra Health had previously secured the exclusive rights to provide Dr Foster products and services in Australia in December 2013, with contracts now in place with 15 hospital services in Australia.

Dr Foster works with healthcare organisations to achieve sustainable improvements in their performance through better use of data. It uses risk adjusted methodologies to compare the outcomes of individual hospital patients, allowing adjustment for individual factors such as medical history, age or other background factors.

Shane Solomon, Telstra Health’s managing director, said the Dr Foster acquisition will provide Telstra Health with cutting edge analytical capability and is a natural addition to its health analytics stream.

“We’re delighted to acquire Dr Foster. We have had a successful relationship as the exclusive reseller of Dr Foster in Australia and when the opportunity arose to purchase the company we saw it as a logical next step, acquiring not only a leading and innovative business but also the experience and skills that will help us compete on the global stage,” Mr Solomon said.

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 provider of integrated eHealth solutions.

“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 product with other eHealth solutions to create a connected system.”

Dr Foster co-founder and director of Research and Public Affairs, Roger Taylor, said that Telstra Health possessed the right values, expertise and resources to help take the company to the next stage in its development.

“This is a really exciting development for Dr Foster. Telstra Health brings the resources, scale and expertise to help us take the company forward and maximise the opportunities that an information driven health system can provide for patients,” Mr Taylor said.

RECENT ARTICLES

Neosensory launches new hearing loss solution, outperforming hearing aids

Posted on: August 10, 2022

San Mateo, United States. 09 August, 2022 – Neosensory, a technology company designing solutions for hearing health, is thrilled to announce the launch of its latest solution: a wristband for people with hearing loss to experience speech without hearing aids or invasive surgery. Clarify is a ground-breaking wristband and the first alternative to hearing aids and sound amplifiers

Read more

Smart metering: Load balancing leads to annual savings of almost £5,000 for a large UK bakery

Posted on: August 10, 2022

Energy management is becoming an increasingly important component of business strategy for today’s FMCG companies, aimed largely at reducing energy costs, improving sustainability, and achieving ESG goals. According to the 2020 Deloitte Resources Study, half of industrial companies report incorporating energy management at the corporate strategy level, says Matthew Margetts, director of sales and marketing

Read more
FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox