Doctor Care Anywhere reports growing revenue
Digital health services provider Doctor Care Anywhere has reported underlying revenue of £4.4 million for the first quarter of 2021, up 16.5% on 4Q 2020.
It also reported eligible lives of 2.4 million at end of Q1 2021, up 7% on 4Q 2020, and activated lives of 0.5 million at the end of the quarter, up 14.7% on 4Q 2020
The company also stated it provided 90,500 consultations in Q1 2021, up 21.9% on 4Q 2020.
Its cash position was £35.1 million at the end of the first quarter.
Dr Bayju Thakar, founder and chief executive of Doctor Care Anywhere said: “Our business is performing strongly, which reflects both the short and long-term changes driving consumer demand for telehealth. As we look beyond Covid lockdowns and as more of the UK is vaccinated, we remain confident that our forecast of year-on-year revenue growth of at least 100% above 2020 is achievable, with growth in telehealth lives, activations and consultations, together with our ability to grow areas of the business having been constrained by the lockdowns.”
Date published: April 26, 2021