Key Highlights
• Doctor Care Anywhere acquires 100% of telehealth provider GP2U Telehealth Pty Ltd, trading as both GP2U and Psych2U, for a total consideration of A$11.0 million (2.5x unaudited gross revenue1 for the financial year ended 30 June 2021)
• GP2U Telehealth provides virtual GP services under the brand GP2U and tele-mental services under the brand Psych2U
• The Psych2U brand represents c.78% of GP2U Telehealth’s revenue, with income streams via a mixed billing service, including a channel partnership with HCF, Australia’s largest not-for-profit health insurer
As a doctor founded, patient-focused company, Doctor Care Anywhere plc (ASX:DOC) believe that happy doctors mean happy patients. It’s a virtuous circle and one that we’ve built a great team to help keep going.