Doctor Care Anywhere reports “robust growth”



DOC conducted more than 1,300 consultations in a single day in November 2020

Doctor Care Anywhere (DOC), a UK-based provider of digital health services, has reported growth across all of its key operating areas and financial measures.

Reported in a trading update for the quarter ended 31 December 2020, DOC now covers 2.2 million eligible lives, up 186.2% on the previous year.

As of the end of the fourth quarter of 2020, DOC has activated 432,500 of those lives, up 199.1% on the prior corresponding period and 26.4% above its FY20 Prospectus forecast.

DOC conducted more than 1,300 consultations in a single day in November 2020, which is a new record for the company.

As a result, the business reported revenue of £11.6m for its FY20, up 102.1% on 2019.

Founder and CEO Dr Bayju Thakar said: “We continue to see robust growth in consultation volumes across all channel partners as new and existing patients become accustomed to adopting digital healthcare into their everyday lives.

“Consultations have grown over 300% on the prior corresponding period and this demand has helped deliver positive financial outcomes for DOC while demonstrating that we are providing a much-needed service to patients across the UK and Ireland.

“The pandemic has accelerated a long-overdue digitisation of the healthcare industry.  Both patients and healthcare practitioners are growing more comfortable with remote diagnosis and treatment.

“Our patients are benefiting from faster and more convenient access to healthcare.  Clinicians are appreciating the flexibility of working at a place and time of their choosing and the efficiency of single electronic health records stored in the cloud.

“I am proud of the role we are playing in supporting the healthcare system and our patients through this difficult period.”

The company has said that its focus remains firmly on increasing activations and consultations across its existing membership base, growing its membership base through new channel partner agreements, and adding higher margin diagnostic referral pathways and services to its platform.

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