Wiltshire Medical Services secures investment

Friday, 18th January 2013

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Healthcare provider Wiltshire Medical Services (WMS) has secured an investment from Moonray Healthcare and acquired a business based in Watford.

Chippenham-based WMS, a provider of primary care services, has acquired Telehealth Solutions Ltd (THSL) in a deal which Moonray said creates a “revolutionary organisation” providing a broad range of remote patient management services.

The financial terms of the deal have not been disclosed.

Dr Andrew Cowie, chief executive of WMS, will become chief executive of the enlarged group while John Dyson, Telehealth Solutions chief executive, will become executive chairman.

Cowie said: “With a long history of providing clinical care, including telephone triage and then, more recently a telecare business, WMS believes that it is perfectly positioned to deliver high quality Telehealth services.

“However, we have always recognised the need for a strong technical partner, and I am delighted that the acquisition of THSL has allowed us to achieve this objective.”

Dyson added: “This joining together of our complementary skills will create an organisation capable of delivering an integrated clinical service in the developing market for telehealth, telecare and telecoaching.”

Moonray Healthcare was advised by RSM Tenon and DAC Beachcroft. Wiltshire Medical Services was advised by Springboard CF and Gateley’s Birmingham office.

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