Telstra Health explains its $350m MedicalDirector purchase

The move comes as GP software vendors eye the wonders of the cloud

Recent times have seen a devaluation of big numbers to the point where you have to remind yourself that dollar figures with nine digits remain a big deal.

Professor Mary Foley.
Professor Mary Foley.

Back in August, Telstra Health revealed it was buying MedicalDirector, reportedly for a cool $350,000,000.

The subsidiary of Australia’s biggest telco has been a presence in the health system for some time