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.

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 now and it had previously shown interest in MedicalDirector before — at least until it was snapped up by private equity a few years ago.

But its purchase is still a big splash into general practice.