Health firmly in the long-term category as Telstra aims for growth
18-Feb-16, Pulse + IT
Telstra will continue to invest in its Telstra Health division and other new long-term businesses such as the Tesltra Software Group to allow them to grow in scale, capability and reputation, Telstra said as it released its half-year financial results today, which showed net profit after tax of $2.1 billion.
%20Pulse%20IT.jpg "Health firmly in the long term category as Telstra aims for growth (c) Pulse IT")
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In what was a relatively quiet period for Telstra Health following a flurry of purchases and investments over the last two years, Telstra reported two small acquisitions and some contract wins, but revenue from the division was not reported.
Announcing that Telstra was on track to meet its full year guidance, Telstra CEO Andy Penn said the company was intent on pursuing new growth opportunities in the long term in addition to investing in its core business.
The company's half-year report says that Telstra Health is now offering connected solutions in primary, aged and residential care, hospitals, radiology, pharmacy, health analytics and telemedicine. The company said its investments in Telstra Health and the Telstra Software Group form part of its growth agenda.