Telstra Health reveals $77m impairment, reduction in control of Health Engine

Telstra has announced a loss of $38 million in an overall $77m impairment reduction for its health business and a dilution of its ownership of online booking service Health Engine, but says it is looking at a long-term strategy for the division and expects it to become profitable.

Announcing its end-of-financial year results last week, the company said Telstra Health was now the largest health software and solutions vendor in Australia and had over 1000 people on staff.

Posted in Australian eHealth

Tags: Telstra Health

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