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Citadel Group acquires OneVentures portfolio company Charm Health

OneVentures is delighted to announce that The Citadel Group Limited (ASX: CGL) has entered into a definitive agreement to acquire its OneVentures Innovation Fund portfolio company Charm Health International Pty Ltd as part of expanding its e-health offering.

Headquartered in Brisbane, Charm Health (www.charmhealth.com.au) is Australia’s leading supplier of specialist oncology e-health systems, with its solutions used by leading public and private health providers of cancer care. Its flagship software, CHARM™, provides:

  • comprehensive multi-site functionality that manages all clinical and administrative aspects of a patient’s cancer care
  • a single oncology electronic medical record, with real-time access to patient information by every member of the care team shared across multiple locations
  • enhanced clinical and prescriptive decision support
  • solutions to critical inefficiencies in cancer care, such as complex medication management and multi-disciplinary resource coordination.
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Charm Health to join information management specialists Citadel Group

The Citadel Group Limited (ASX: CGL) announced today that it has entered into a definitive agreement to acquire Charm Health International Pty Ltd and its subsidiaries as part of expanding its e-health offering.

Operating as part of the Citadel Health division, Charm Health will continue to provide its best-of-breed oncology information management system CHARMTM to public and private cancer care facilities both locally and internationally.

Charm Health CEO, Gary Lakin said Charm Health has grown rapidly to support more than 100 sites throughout Australia and New Zealand, using the CHARMTM platform to ensure cancer patients receive the best quality care. CHARMTM delivers proven clinical benefits through increased effic­­iency, improved safety, improved communication and documentation and comprehensive data capture resulting in increased patient satisfaction.

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