Telus Health to acquire Nightingale’s Canadian business

Telus Health has agreed to acquire the Canadian business of Nightingale Informatix Corp (TSX-V: NGH), a provider of cloud-based solutions to healthcare organizations. No financial terms were disclosed for the acquisition, which includes Nightingale’s electronic medical record (EMR) software and related assets. Telus Health said the deal will broaden its EMR customer base in Ontario and Atlantic Canada. Markham, Ontario-based Nightingale has received funding from several investors, including Beedie Capital Partners (2014) and a consortium led by Wellington Financial (2007).

PRESS RELEASE

TELUS Health Announces Agreement to Acquire Nightingale’s Canadian EMR Operations

Acquisition would broaden company’s electronic medical records customer base in Ontario and Atlantic Canada

TORONTO, ONTARIO–(Marketwired – July 14, 2016) – TELUS Health announced today that it has entered into an agreement to acquire the Canadian business of Nightingale Informatix Corp. (Nightingale) (TSX VENTURE:NGH), including its proprietary Electronic Medical Record (EMR) software solutions and related assets.

Nightingale currently provides its EMR solution to 4,000 physicians in Canada, mainly in Ontario and the Atlantic provinces.

“At TELUS Health, we are on a mission to leverage the power of technology and our world-class telecommunications infrastructure to improve health outcomes for Canadians,” said Paul Lepage, President, TELUS Health. “We are working to realize our goal not only by continuing to invest in health technology that supports the primary care ecosystem, but also through strategic acquisitions.”

The acquisition of Nightingale’s Canadian operations is subject to customary closing conditions, including Nightingale shareholder approval and regulatory approval.

About TELUS Health
TELUS Health is a leader in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health solutions give health authorities, providers, physicians, patients and consumers the power to turn information into better health outcomes. For more information about TELUS Health, please visit telushealth.com.

CONTACT INFORMATION
Jill Yetman
TELUS Social and Media Relations
416-992-2639
jill.yetman@telus.com

Photo courtesy of Nightingale Informatix Corp