TELUS is Canada’s second largest wireless carrier with over 8 millions subscribers. The company has been backing health and wellness activities through its TELUS Health business. The company recently made a “significant investment” into Maryland-based Get Real Health, and now they have acquired ZRx Prescriber from Quebec-based ZoomMed.
The terms of the deal were not disclosed and TELUS stated, “This acquisition builds upon our EMR leadership position and claims and benefits expertise, and allows us to have a more direct and positive impact on the patient experience, which ultimately leads to better health outcomes for Canadians.”
ZoomMed’s ZRx Prescriber platform allows doctors to use a mobile device, most likely a tablet, to easily make prescriptions for patients while immediately accessing the patient’s insurance — basically improving speed, accuracy and ensuring the prescription being made are in the patients benefit plan. The ZRx prescriber is used by 520 medical clinics in Quebec and Ontario and sees 400,000 prescriptions every monthly. TELUS Health plans to quickly expand the technology to over 13,000 physicians across Canada.
TELUS claims to be “Canada’s largest Electronic Medical Records (EMR) provider and a leader in the Canadian claims and benefits management sector,” and this deal will also make TELUS Health the first Canadian healthcare tech company to offer insurance coverage validation nationally at the moment of prescription.