Calgary, AB (May 25, 2012) – BCMS Corporate is pleased to announce the acquisition of Applied Management Consultants, Ltd., a healthcare consulting and business intelligence firm, by TELUS Health Solutions (TSX: T, T.A; NYSE: TU). The transaction was led by Todd Stephens with the support of Esther Pham from the Calgary, AB office. BCMS served as the exclusive advisor to Applied Management Consultants, Ltd.
Owners of Applied Management Consultants, Ltd engaged BCMS Corporate to take the company to the next level by means of an acquisition. After numerous meetings it became apparent that TELUS Health Solutions would be the best strategic fit for Applied Management. “We are very excited about this new opportunity, as we will have access to a much richer source of data on private payer claims and plan coverage. This will significantly improve our ability to serve your needs for analysis, understanding and navigating of the private payer world.” states Todd Stephens, BCMS Deal Leader.
Applied Management Consultants, Ltd. offers specialized consulting services, data sales, and publishing to leading North American and multinational pharmaceutical companies. Applied Management offers niche consulting services that assist clients in navigating the complex healthcare reimbursement environment in Canada. Additionally, the Company provides business intelligence from an extensive system of proprietary databases and models that focus on Canada’s market for prescription drugs.
TELUS Health Solutions provides expertise in successfully implementing healthcare applications and ICT processes through our industry leading consulting services for customers across Canada and around the world including a 1,000 team members.
BCMS Corporate is a leading, independent middle market advisor with over 20 years of excellence serving clients worldwide. It is focused exclusively on the middle market, advising clients on sell-side transactions, acquisitions, and private placements of debt and equity. The firm’s unique understanding of private company owners’ objectives and issues facing private companies during the transaction process has enabled BCMS to successfully execute over 400 transactions across a diverse group of sectors. BCMS currently employs over 240 professionals with offices in North America (New York, Dallas / Fort Worth, Los Angeles and Calgary), Africa, Europe and Asia.
About Applied Management Consultants, Ltd
Applied Management Consultants, Ltd. was established in Fredericton, New Brunswick Canada in 1978. AMC specializes in health economics, healthcare reimbursement, management consulting, and data sales to the pharmaceutical industry. Applied Management also provides pricing research services to petroleum companies, built to meet the needs of long-standing clients, while servicing other petroleum retailers on demand. For additional information about Applied Management Consultants, Ltd. please visit http://www.appliedmanagement.ca.
About TELUS Health
TELUS Health Solutions (TSX: T, T.A; NYSE: TU) is a leader in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health offer solutions which give health authorities, providers, physicians, patients and consumers the power to turn information into better health outcomes. For more information about TELUS Health, please visit www.telushealth.com.