Doctor Care Anywhere听has reported听significant revenue growth in the first quarter听of 2021.听
The London-based听digital health services provider says听it anticipates benefit from听the speed of the听COVID-19 vaccine听rollout听in the UK.听
For the three months听ended 31st听March, revenue totalled 拢4.4 million, up 16.5% on the previous quarter.听
The 90,500 consultations in the period听were听up 21.9% on听Q4 2020.听Doctor Care Anywhere says the pandemic has driven a level of acceptance of telehealth services in the past听12听months听that might previously have taken five years.听
The听firm is听confident听of delivering year–on–year revenue growth of at least 100% above FY 2020.听听
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鈥淔ollowing a very positive start to the year, our outlook for 2021 remains strong.听Telemedicine鈥檚 role in meeting patients鈥� needs has been made unarguable by the events of the last 12听months,鈥� said CEO and founder听Dr Bayju Thakar.听
鈥淥ur business is performing strongly, which reflects both the short and long-term changes driving听consumer demand for telehealth.鈥�听听
The easing of UK lockdown measures in conjunction with the vaccine rollout is expected to accelerate听growth in the听company鈥檚 secondary care services and diagnostic pathways, as previously restricted听hospital availability now returns to normal.听听
In addition to this, Doctor Care Anywhere expects听additional growth in its virtual consultations, with the health system still under pressure and longer–than–usual waiting times for GP appointments in some parts of the country.听