Medications adherence platform vendor MedAdvisor is planning to go to the market to raise capital to buy Healthnotes, a pharmacy software platform that offers similar capabilities but with added ties to residential aged care.

MedAdvisor has entered into an agreement with parent company Health Enterprises 2 to buy it outright for $5.5 million, with the aim of boosting MedAdvisor's share of connected community pharmacies from 1600 to over 2400, patient numbers to over 500,000 and nursing homes to 1700.