HealthLink has been acquired by a global medical technology and service company. Global healthcare technology specialist, Clanwilliam Group, has taken a majority shareholding in HealthLink, Australasia’s leading Health-system Integrator. The Dublin-based Clanwilliam Group consists of a number of healthcare technology and services businesses in Ireland, the United Kingdom and Australasia.
The purchase brings Clanwilliam Group’s investment in Australasia to nearly $NZ70 million so far this year, including another New Zealand company, pharmacy software provider Toniq.
The investment in HealthLink will help to unlock further growth for the company, with the potential of market expansion and product development support from Clanwilliam’s global network.
HealthLink provides a secure system for medical practices to communicate electronically with the rest of the health system. Nearly all the clinical communications used in New Zealand are shared through HealthLink and it is the largest provider of clinical messaging services in Australia.
More than 13,500 healthcare organisations and professionals exchange 100 million plus electronic messages a year via HealthLink.
“We are proud to have an innovative company like HealthLink as part of our team,” Howard Beggs, CEO of Clanwilliam Group says. “HealthLink is a perfect example of a healthcare technology company that continues to innovate to help improve efficiencies, productivity and reduce cost in healthcare. The seamless flow of patient information is a critical component of healthcare improvement, putting the most relevant information in the clinicians’ hands when they need it most.
“Clanwilliam Group can add value to the New Zealand healthcare system by drawing on our 30 years’ experience,” he says. “We are building a global group of healthcare technology and services businesses who can work together to improve healthcare services and the experience for patients. We hope to continue to grow our presence in New Zealand and Australia.
“In the United Kingdom Clanwilliam Group companies are helping to reduce the deficits of National Health Service trusts by about $NZ26 million annually,” Mr Beggs says. “The major cost drivers affecting the New Zealand and Irish healthcare systems are the same – the impact of an ageing population and increased chronic diseases,” he says.
“Technology is a key enabler for increased productivity, efficiencies and cost-savings across all healthcare systems. All Clanwilliam Group companies are focused on driving further efficiencies within the healthcare systems they operate in.”
Under the leadership and guidance of Mr Beggs, the Clanwilliam Group supports entrepreneurial spirit. Businesses within the group have access to a wealth of experience, technical expertise and resources as well as the opportunity to work alongside other health technology providers in the group around the world.