StrongRoom AI’s Acquisition Of Member Benefits Australia

Melbourne, 14/03/2024 – StrongRoom AI, an innovator in AI-powered medication management and patient drug adherence platforms, announces its finalisation of the acquisition of Member Benefits Australia. This strategic alliance aims to spearhead transformative advancements in healthcare data & AI, focusing on bolstering pharmacy services, which serve as the frontline of patient care.

By amalgamating the expertise of StrongRoom AI in data-driven technologies and Member Benefits Australia’s proficiency in crafting customised benefits and loyalty programs, this collaboration is set to introduce leading solutions in medication management, loyalty programs, and elevated customer engagement. Leveraging state-of-the-art software systems and cutting-edge machine learning capabilities. The partnership is dedicated to addressing the critical global challenge of effective drug management and reducing adverse events, which currently impose a staggering $1 trillion cost on healthcare systems, contributing to 20% of hospital admissions and readmissions.

“Our commitment at StrongRoom AI is rooted in optimising healthcare facilities to ensure they have the tools to provide the optimal patient experience. Through this strategic acquisition of Member Benefits Australia, we are poised to complement our data analytics division for our customers and deliver even more impactful solutions, empowering pharmacies, care facilities, and hospitals to effectively mitigate adverse drug events,” remarks Max Mito, CEO of StrongRoom AI.

 

Member Benefits Australia specialises in tailoring learning solutions, benefits and loyalty programs that elevate both customer and employee experiences. Member Benefits Australia fosters enduring brand loyalty and avenues for organic growth by fostering connections between businesses and their stakeholders. Its customer base includes the Australian Dental Association, the Australian Physiotherapy Association, the Australian Medical Association and the Phoenix Health Fund.

 

“We are thrilled to merge our expertise in member benefits and loyalty programs with StrongRoom AI’s advanced medication management system. Together, we envision providing comprehensive solutions that prioritise patient safety while fostering lasting connections between businesses and their esteemed customers and employees,” expresses Divesh Sanghvi, CEO of Member Benefits Australia.

 

The acquisition is expected to finalise mid 2024, solidifying StrongRoom AI and Member Benefits Australia’s joint commitment to delivering exceptional services and propelling positive AI-driven transformations within the healthcare and loyalty program domains.