BRAMPTON, ON, Jan. 10, 2013 /CNW/ - Gamma-Dynacare Medical Laboratories
announced today that it has acquired MedAxio™ Insurance Medical
Services, formerly Medisys Insurance Medical Services, a leader in
providing medical information collection services to the Canadian life
MedAxio provides insurance paramedical examinations and telephone
interviewing services across Canada with its head office in Toronto,
Ontario, and regional offices in Montreal, Quebec and Richmond, British
Columbia. MedAxio has more than 100 employees and utilizes over 1,000
mobile health care professionals in urban, rural and remote locations
across Canada. This team performs approximately 250,000 examinations
each year on behalf of a large number of life insurance companies.
"We are very excited about the acquisition of MedAxio, as it emphasizes
our ongoing commitment to being a leading provider of insurance medical
services to Canadian life insurers," said Naseem Somani, President and
Chief Executive Officer, Gamma-Dynacare Medical Laboratories. "This
acquisition will allow for a greater integration of services for our
insurance clients, which will improve specimen and data integrity,
accelerate the overall service delivery process and ultimately increase
The acquisition is a strategic investment on the part of Gamma-Dynacare,
recognizing the growing importance of mobile collection services to the
organization's future growth in the insurance sector.
"As part of Gamma-Dynacare, MedAxio is poised to dramatically increase
the value it provides to its insurance industry customers," explained
Shari Gottschalk, President of MedAxio. "It also allows us to
diversify our services, opening up promising opportunities in new
markets." Ms. Gottschalk will assume the newly created role at
Gamma-Dynacare of General Manager of MedAxio.
About Gamma-Dynacare Medical Laboratories
Providing Information. Impacting Lives. Caring for People. By living this mission, Gamma-Dynacare Medical Laboratories will
achieve its vision of becoming the trusted leader in transforming
laboratory information and services into solutions that improve health,
wellness and the Canadian health care system.
Gamma-Dynacare (www.gamma-dynacare.com) is one of Canada's largest and most respected providers of laboratory
services and solutions, with more than 50 years of experience serving
Canadians. Headquartered in Brampton, Ontario, Gamma-Dynacare operates
laboratories in Ontario (Brampton, Bowmanville, London, Ottawa and
Thunder Bay), Quebec (Saint-Laurent and Laval) Manitoba (Winnipeg), and
Alberta (Edmonton). In addition, Gamma-Dynacare operates more than 200
Patient Services Centres in Ontario, Quebec, Manitoba, Saskatchewan and
Alberta. Gamma-Dynacare's 2,000 skilled and dedicated employees perform
millions of tests each year, playing a key role in the prevention and
diagnosis of disease and the treatment of patients.
SOURCE: Gamma-Dynacare Medical Laboratories
For further information:
Scott Hickey, Vice-President of Strategic Planning and Corporate Communications, Gamma-Dynacare Medical Laboratories, (905) 790-3515 or 1-866-790-3515, ext. 5381.