Kestral acquires LRS Health

Radiology and pathology information systems provider Kestral has acquired LRS Health, the Victorian-based laboratory information management system vendor.

LRS Health was established in Victoria in 1988 by Andrew Edgley and produces the MediPATH LIMS, a hospital billing solution called MediBILL and the AllTALK SMD-compliant secure messaging service.

Kestral has a large footprint in Australia and New Zealand with its Karisma radiology information system, along with its pathology laboratory system (PLS) and HL7 Connect messaging service. Kestral is a wholly owned subsidiary of Jonas Software, which has corporate headquarters in Canada and the UK.

LRS Health and Kestral will operate as combined entity and will continue to develop, enhance, and market their pathology industry software solutions, the companies said in a statement.

Kestral CEO Kevin Moynihan will become CEO of both companies while Mr Edgley will remain with the business and work closely with Mr Moynihan.

In a statement, Jonas Software CEO Barry Symons said the acquisition of LRS Health will complement the Kestral business and product portfolio.

“The LRS Health product offering will enable us to further grow our already strong presence in the pathology market throughout Australia and New Zealand,” he said.

LRS Health will continue to trade under its existing name and there will be no changes to business transactions, account details or mailing address.

Posted in Australian eHealth


0 # Rhizopus sp 2013-03-14 14:38
If I had to speculate I would suggest that MediPath will become the replacement offering for PLS which is overdue for an update. A good fit based on market segment. I would be very surprised if there were no changes LRS Health in the not so distant future, it just doesn't make good business sense to consolidate.

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