Telus Health buys iGan Partners-backed Akira and Right Health


© 2019 Right Health

Telus Health has acquired Toronto-based Akira Health and Right Health, together a provider of virtual and in-person healthcare technology.

No financial terms were released for the deal, which will see Akira and Right Health continue to operate under their existing brand.

Founded in 2015, Akira was acquired two years later by Right Health, a portfolio company of Canadian healthcare technology venture capital firm iGan Partners. Akira-Right Health is led by Co-founders and Co-CEOs John Mozas and Dan Pawliw.

Telus Health is the digital health solutions and technology affiliate of Canadian telecommunications company Telus Corp (TSX: T).

PRESS RELEASE

August 8, 2019, Toronto

We are excited to announce that, as of today, TELUS Health has finalized the acquisition of Akira Health. As a result, our Akira Health employees and health care providers will officially be joining the extended TELUS Health family over the next few months.

Moving forward, Akira Health will continue to focus on outstanding service to its members, plan sponsors, and partners; there are no planned changes to our staff, business premises, branding, or operations. Our members and clients will continue to be supported by our current clinical and office teams.

Akira Health’s mission, strategy, and core philosophy are closely aligned with TELUS’ and both companies remain committed to improving patient outcomes and experience. Our commitment to delivering an outstanding patient-first experience will be maintained in the future, as it aligns perfectly with TELUS Health’s own Customers First philosophy.

Pursuing our mission — together

Together, TELUS Health and Akira Health will continue to collaborate on securing opportunities with our customers and exploring partnerships to bring mental health and diagnostics to our virtual care platform. Akira Health will also continue to develop products that incorporate market needs and align with emerging technology trends.

As one of our customers, you can also look forward to an expanded portfolio of technology-powered products and solutions for insurers, employees, and employers, co-developed by Akira Health and TELUS Health, as well as access to TELUS Health’s enhanced offers, bolstered by the company’s strong leadership in the healthcare ecosystem, national reach, and advanced technology infrastructure.

As always, your satisfaction is very important to us. Should you have any questions about this transaction, please feel free to contact Yolanda Billinkoff, Akira’s Head of Sales, who will be pleased to provide additional information (yolanda@akirahealth.ca).

We look forward to continuing to work with you.

Sincerely,

John Mozas & Dan Pawliw

Co-Founders and Co-CEOs, Akira Health