Private equity firm buys Medtech Global; ManageMyHealth spun out

The owners of New Zealand's market leading practice management system vendor Medtech Global have sold the business to Australian private equity firm Advent Partners and health technology advisory firm Acclivis for an undisclosed sum, but will retain ownership of its ManageMyHealth personal health platform.

Acclivis managing director Geoff Sayer, a former managing director of Clanwilliam Health ANZ and Toniq, will become Medtech's new chief executive.

Posted in New Zealand eHealth

Tags: Medtech Global, Advent Partners

Comments  

+1 # Tom Bowden 2020-06-05 04:01
Congratulations to all involved. This looks like it is going to be great for the sector.

It is good to see that Vino Ramayah and Sanjeewa Samaweera will be continuing the fine work they have done in pioneering the introduction of patient portals, which are now being used by many New Zealanders on a daily basis. While others have followed in their footsteps and built competing products, from the very beginning, MMH has led the way in this important market segment. Vino and Sanjeewa have set the pace.

Wide-spread adoption of patient portals is the untold success story of the NZ health IT marketplace.

Well done too, Geoff Sayer and colleagues who have seized the nettle and entered the NZ PMS marketplace with a flourish. It will be good to see the innovation and new ideas this will no doubt yield.

Tom Bowden, Director, Cognoscenti Digital Health

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