Telus 2014 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2014 Telus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 50

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50

17
On November 29, 2013, we acquired 100% of Public Mobile, a Canadian wireless
communications operator focused on the Toronto and Montreal markets, which was
amalgamated with TCI on January 1, 2014. This acquisition was made to enable further
growth in our wireless segment operations, including the acquisition of additional
spectrum licenses.
In 2013, consistent with our corporate priority to elevate TELUS’ leadership position in
healthcare information and to expand the reach of TELUS Health in the first line of care,
providing EMR solutions to physicians and pharmacists across Canada, we completed
the acquisition of PS Suite EMR, the EMR business operated by MD Practice Software
LP, a member of the MD Physician Services Group (a subsidiary of the Canadian
Medical Association).
In 2014, we continued to advance our leadership position in healthcare information
management with the following acquisitions:
In March 2014, we acquired Med Access Inc., a leading company based in
Kelowna, B.C. providing EMR services to 2,000 specialty and general practice
physicians in B.C., Alberta, Saskatchewan, Manitoba and Ontario.
In September 2014, we acquired ZRx Prescriber from ZoomMed Inc., a web-
based technology that allows physicians to write and deliver prescriptions while
accessing a patient’s insurance coverage information at the moment of
prescription. With this technology, TELUS Health will become the first Canadian
healthcare technology provider to offer insurance coverage validation nationally
at the moment of prescribing to accelerate the reimbursement of insurance
claims.
In December 2014, we acquired XD3 Solutions, a pharmacy management
solution provider, which currently serves more than 150 Quebec-based
pharmacies. The company’s software product is intended to enhance
collaboration between pharmacists, physicians, other healthcare professionals
and insurers to deliver a better patient care experience. The acquisition brings
the total number of Canadian pharmacies using TELUS Health pharmacy
solutions to 3,000.
We made these acquisitions to expand the reach of TELUS Health in the primary first-
line of care, providing EMR solutions to physicians and pharmacists across Canada.
These purchases and previous acquisitions of EMR providers, coupled with organic
growth, have positioned TELUS Health as the largest EMR provider in Canada.
On April 1, 2014, we acquired the business assets of Groupe Enode Inc., a Quebec-based
security IT firm that specializes in providing businesses and government agencies with
technologies and services for security and risk management. This acquisition will enhance
our security solutions for businesses in Quebec and across Canada. In January 2015, we
announced an acquisition of a 20% stake in Alithya, a Quebec-based information technology
and consulting services provider, with offices in Canada and France. This long-term
strategic partnership allows each partner to offer suites of information and communication
technology services, with a focus on managed infrastructure solutions, to their business
customers.