As the world emerges from a pandemic, Australians are proving to be more conscious of their general health than ever as evidenced by allied health company Healthia (ASX: HLA) which has delivered shareholders a 91% increase in underlying EBITDA. The bumper result was driven by 14.5% organic growth across the Group whose clinics continue to
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Capitalising on favourable economic conditions, allied healthcare company Healthia (ASX: HLA) has partnered with National Australia Bank (ASX: NAB) to increase their finance facility by $20 million which will be deployed towards allied health acquisitions for the rapidly growing service provider. The partnership increases Healthia’s existing finance facility from $50m to $70m and will see
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With 13.2 million Australians suffering from long term eye problems, the rationale behind Healthia’s (ASX: HLA) $43m acquisition of The Optical Company was a logical opportunity to expand and investors have taken notice with HLA shares trading at all-time highs over the past month. While it may appeared a simple tack-on acquisition, such price movement
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Healthia (ASX: HLA) shareholders have voted with their wallets firmly in favour of the allied healthcare provider’s expansion into optometry with the Company successfully raising $13.2m from an Entitlement Offer to fund their acquisition of The Optical Company (TOC). The $13.2m from shareholders forms part of the $43m acquisition to proceed, adding 41 optometry clinics
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Having announced the acquisition of The Optical Company and its 41 optometry clinics, Healthia (ASX: HLA) Chairman Glen Richards and CEO Wesley Coote caught up with Emerald Financial’s Bronte Moore to discuss the allied healthcare market and Healthia’s rapidly growing network. Click below to watch the update. Investors can keep up to date with Healthia
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Leading allied healthcare company Healthia (ASX: HLA) is set to significantly increase their services and national footprint with the $43 million acquisition of optometry group The Optical Company and their 41 clinics. The acquisition is a horizontal expansion for Healthia which has primarily operated in the podiatry and physiotherapy sectors while also owning iOrthotics, Australia’s
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