For Those Who Have Not Kept Up With The Goings On At Telstra Health.

This appeared a little while ago.Updated May 18 2018 at 11:00 PM Did Andy Penn cost Telstra shareholders $46 billion?by Aaron Patrick Andy Penn's timing couldn't have been worse. When the slick-haired accountant accepted what should have been the crowning job of his stellar career – chief executive officer of Telstra – the phone giant's share price was about to create a shareholder wasteland.….. Most of article omittedThrowing around cashIn the past, Telstra hasn't helped by engaging in behaviour classic to big companies fearful of structural decline: throwing cash arou nd.Penn inherited one of Thodey's pet projects: to place Telstra near the centre of the digitisation to healthcare. In Power Point presentations, the idea was fantastic. Telstra planned to use its expertise on government communications contracts to sell health software to medical departments, hospit als and related organisations.The contracts were big and there was no dominant incumbent. Telstra thought it could walk in... This is the initial part of the post - read more by clicking on the title of the article. David.
Source: Australian Health Information Technology - Category: Information Technology Authors: Source Type: blogs