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
Read MoreCapitalising 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
Read MoreWith a range of allied healthcare services offered by Healthia (ASX: HLA), the national operator is making it more convenient than ever for Aussies to look after themselves with the launch of a new superclinic in Bundaberg, Queensland offering a variety of health services under one roof. The multidisciplinary clinic, which was built from scratch
Read MoreWith 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
Read MoreIs the notion of the typical Australian stacking on the ‘isobars’ and indulging in a few too many ‘lockdown lagers’ during their in-house detention just another case of fake news? In reality, says Healthia (ASX: HLA) CEO Wesley Coote, incarcerated citizens were more likely to be exercising more often and assiduously holding to their appointments
Read MoreHealthia (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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