At first glance, the concept behind orthotics is deceptively simple. But what once were simple pieces of cobbled together leather, metal and wood are now highly technical medical devices thanks to the integration of smart technology. With embedded sensors, the orthotics are now being developed to improve healthcare in remote regions, including for those who
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Diabetes – it’s the silent killer which affects 5% of the Australian population directly and many more indirectly, often as an underlying condition behind heart disease. Unfortunately for those 1.2 million Australians living with diabetes, the risk of foot ulcers and vision loss are a regular threat without adequate management of the disease which in
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Allied healthcare provider Healthia (ASX: HLA) has reported a 40.3% increase in revenues where business has returned to pre-COVID levels, with clinics having remained open through the pandemic in order to take pressure off the public health system as per Government directives. Alongside the jump in revenue for FY20 to $92.4m, Healthia has also reported
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Having emerged from the coronavirus pandemic in good shape, Healthia (ASX: HLA) is poised to deploy its $27 million ‘war chest’ for further acquisitions in the fragmented podiatry and physiotherapy sectors. In May the company settled the $5 million purchase of The Foot and Ankle Clinic, which consists of 12 clinics in Melbourne and regional
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Allied healthcare services provider Healthia (ASX: HLA) has seen a significant growth for the first half of FY20, reporting a 50.2% rise in revenues which has also led the company to declare their maiden dividend. Compared to the corresponding H1 results for the year prior, Healthia reporting the significant jump to $44.2 million in revenue
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Australian allied healthcare provider Healthia (ASX: HLA) has taken its industry-leading 3D printing technology to the world with the launch of an orthotics manufacturing lab in Astoria, New York, capable of printing 30,000 pairs annually. The new facility will be operated by iOrthotics USA, which Healthia owns a 58% stake in, and has been secured
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