City IT business acquires Toronto firm eastern heal
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McElroy said NewEras operations will be integrated with Onlines operations over the next few months. And before the end of the year, it will also be assuming the Online name. The addition of NewEras 20 employees will give Online a staff of 60 in the region. NewEra co-founders Mike Monteith and Dale Hall also will be joining Onlines senior management team.
We didnt have much of a presence here in health before this acquisition, but now we have a very, very strong presence.
NewEra specializes in providing eHealth-focused consulting services and information technology solutions to government and health agencies. Its clients include some of the countrys largest public-sector organizations and health agencies.
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Because both companies are privately owned, the purchase price was not disclosed.
Cal McElroy, vice-president of the eastern region for Online, said Online has had a Toronto office for about nine years, but its operations there were not as extensive or as well developed as its operations in western Canada, where it has offices in Winnipeg, Calgary and Edmonton.
Online chairman and CEO Chuck Loewen said the addition of NewEras operations also provides an excellent opportunity to further strengthen Onlines reputation for providingeastern health services leadership in transformative eHealth initiatives.
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Winnipeg-based Online offers IT consulting services to organizations in the health, energy, financial services and justice and public safety industries.
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We have been looking for a partner for a long time to create a platform for growth, Monteith said. The combined capabilities of Online and NewEra make for an impressive team, especially in the Pan-Canadian health information exchange and the general health IT sector.
So in mid-2008 it made a serious commitment to grow its presence in the eastern Canadian market, and this acquisition is further step in that direction.
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ONLINE Business Solutions has beefed up its presence in Eastern Canada with the acquisition of a Toronto-based IT consulting firm — NewEra Health, Inc.
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