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Telstra Health to buy billing software powerhouse PowerHealth

19 July 2021
By Kate McDonald

Telstra Health is taking a majority stake in Adelaide-headquartered billing, costing and revenue solution vendor PowerHealth.

Telstra Health is paying $95 million for a 70 per cent stake, valuing the company at $135m.

PowerHealth is best known for its PowerBilling & Revenue Collection (PBRC) system used by the majority of Australian hospitals, local health districts and hospital and health services.

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