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Trending Healthcare IT Companies in Australia

18/06/24

By:

Jack Thomas

Top 10 Companies in the Healthcare IT Industry in Australia


1. Telstra Health

  • Company Name: Telstra Health

  • Website: telstrahealth.com

  • Background: Telstra Health is a leading provider of digital health solutions in Australia, offering a wide range of healthcare IT services that aim to improve patient care and operational efficiencies across the healthcare sector. As a subsidiary of Telstra Corporation, Telstra Health leverages cutting-edge technology to enhance the delivery of healthcare services.

  • Key Products/Services: Electronic medical records (EMR), telehealth platforms, aged care solutions, data analytics, and hospital information systems.

  • Estimated Revenue (2023): $500 million

  • Key Growth Drivers: Increasing demand for digital health solutions, expansion of telehealth services, and strategic partnerships with healthcare providers.

  • Adverse News: Challenges related to data privacy and integration with existing healthcare systems.


2. Cerner Australia

  • Company Name: Cerner Australia

  • Website: cerner.com/au/en

  • Background: Cerner is a global leader in healthcare IT, providing innovative solutions to improve the efficiency and quality of healthcare delivery. Cerner Australia specializes in implementing and supporting electronic health record (EHR) systems across various healthcare settings.

  • Key Products/Services: Electronic health records, population health management, clinical decision support, and interoperability solutions.

  • Estimated Revenue (2023): $400 million

  • Key Growth Drivers: Expansion of EHR adoption in hospitals and clinics, advancements in interoperability, and focus on improving patient outcomes through technology.

  • Adverse News: Regulatory challenges related to data security and competition from other EHR providers.


3. Alcidion Group

  • Company Name: Alcidion Group

  • Website: alcidion.com

  • Background: Alcidion is an Australian health informatics company that provides innovative solutions to improve patient care and operational efficiency. The company focuses on delivering smart health IT solutions that enhance clinical workflows and decision-making processes.

  • Key Products/Services: Clinical decision support systems, patient flow management, data analytics, and healthcare integration solutions.

  • Estimated Revenue (2023): $50 million

  • Key Growth Drivers: Increasing demand for intelligent healthcare solutions, expansion into international markets, and investment in R&D.

  • Adverse News: Market competition and challenges in integrating solutions with legacy systems.


4. iSoft Group (a part of DXC Technology)

  • Company Name: iSoft Group (DXC Technology)

  • Website: dxc.technology

  • Background: iSoft Group, now part of DXC Technology, is a leading provider of healthcare IT solutions, offering a comprehensive range of products and services designed to improve healthcare delivery. The company has a strong presence in the Australian healthcare market.

  • Key Products/Services: Hospital information systems, electronic medical records, laboratory information systems, and patient management solutions.

  • Estimated Revenue (2023): $200 million

  • Key Growth Drivers: Expansion of product offerings, strategic partnerships with healthcare organizations, and focus on improving healthcare efficiency.

  • Adverse News: Challenges related to system integration and competition from other healthcare IT providers.


5. HealthEngine

  • Company Name: HealthEngine

  • Website: healthengine.com.au

  • Background: HealthEngine is Australia’s largest consumer healthcare platform, connecting patients with healthcare providers through its digital platform. The company offers a range of services to enhance patient engagement and access to healthcare services.

  • Key Products/Services: Online appointment booking, patient engagement solutions, telehealth services, and healthcare practice management software.

  • Estimated Revenue (2023): $70 million

  • Key Growth Drivers: Increasing adoption of digital health platforms, expansion of telehealth services, and strong partnerships with healthcare providers.

  • Adverse News: Regulatory scrutiny over data privacy and competition from other healthcare platforms.


6. Global Health Limited

  • Company Name: Global Health Limited

  • Website: global-health.com

  • Background: Global Health Limited is an Australian healthcare software company that provides innovative solutions to improve the efficiency and quality of healthcare delivery. The company focuses on delivering integrated health information systems.

  • Key Products/Services: Electronic health records, practice management software, patient engagement solutions, and telehealth platforms.

  • Estimated Revenue (2023): $40 million

  • Key Growth Drivers: Expansion of product offerings, increasing demand for integrated healthcare solutions, and investment in digital health technologies.

  • Adverse News: Market competition and challenges in integrating solutions with existing systems.


7. MedicalDirector

  • Company Name: MedicalDirector

  • Website: medicaldirector.com

  • Background: MedicalDirector is a leading provider of health IT solutions for general practitioners, specialists, and allied health professionals in Australia. The company focuses on delivering solutions that enhance clinical decision-making and improve patient care.

  • Key Products/Services: Clinical software, practice management systems, telehealth solutions, and data analytics.

  • Estimated Revenue (2023): $100 million

  • Key Growth Drivers: Increasing demand for digital health solutions, expansion of telehealth services, and strong partnerships with healthcare providers.

  • Adverse News: Challenges related to data privacy and integration with existing healthcare systems.


8. EpiSoft

  • Company Name: EpiSoft

  • Website: episoft.com.au

  • Background: EpiSoft is a leading provider of cloud-based health IT solutions that enhance patient care and clinical workflows. The company specializes in developing innovative software solutions for chronic disease management and patient engagement.

  • Key Products/Services: Chronic disease management software, patient engagement platforms, data analytics, and healthcare integration solutions.

  • Estimated Revenue (2023): $30 million

  • Key Growth Drivers: Increasing demand for chronic disease management solutions, expansion of product offerings, and investment in R&D.

  • Adverse News: Market competition and challenges in integrating solutions with existing systems.


9. Orion Health

  • Company Name: Orion Health

  • Website: orionhealth.com/au

  • Background: Orion Health is a global healthcare software company that provides solutions to improve patient care and healthcare delivery. The company focuses on delivering integrated health information systems and data analytics solutions.

  • Key Products/Services: Population health management, clinical data integration, electronic health records, and data analytics.

  • Estimated Revenue (2023): $150 million

  • Key Growth Drivers: Expansion of product offerings, increasing demand for population health solutions, and investment in digital health technologies.

  • Adverse News: Regulatory challenges and competition from other healthcare IT providers.


10. Coviu

  • Company Name: Coviu

  • Website: coviu.com

  • Background: Coviu is a leading telehealth platform in Australia, providing secure and user-friendly solutions for virtual consultations. The company focuses on enhancing patient access to healthcare services through digital platforms.

  • Key Products/Services: Telehealth platform, virtual consultation solutions, patient engagement tools, and healthcare integration services.

  • Estimated Revenue (2023): $25 million

  • Key Growth Drivers: Increasing adoption of telehealth services, expansion of product offerings, and strong partnerships with healthcare providers.

  • Adverse News: Challenges related to data privacy and competition from other telehealth platforms.

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Indonesia

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Cambodia

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