Search company, investor...
Doctor Care Anywhere company logo

Doctor Care Anywhere

About Doctor Care Anywhere

Doctor Care Anywhere, formerly Synergix Health, provides a complete and integrated virtual and in-person healthcare system.

Headquarters Location

13-15 Bouverie Street 2nd Floor

London, England, EC4Y 8DP,

United Kingdom

+44 03300884980

Missing: Doctor Care Anywhere's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Doctor Care Anywhere's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Doctor Care Anywhere News

Doctor Care Anywhere’s Aussie Board steps down amid mass layoffs and renewed UK focus

Apr 27, 2023

Doctor Care Anywhere's Aussie Board steps down amid mass layoffs and renewed UK focus With a super on-the-nose name, it’s difficult not to know what UK-based telehealth company Doctor Care Anywhere (ASX: DOC) does. Providing people consultations no matter where they are, the Company seems to have received public favour, with a spurt in the number of returning customers and thriving subsidiaries. At the same time, this was probably made possible as it undertook layoffs, reduced R&D spending and changed leadership after a sad 2022. As a result, Doctor Care Anywhere is making positive strides in its drive towards cash break even by 2024, with total operating and investing cash outflows reducing by $600k QoQ and $4.3 million versus PCP. Customer cash receipts increased by 4.8% quarter-over-quarter due to increased appointment volumes. This is also a 5.2% increase over PcP, which was also driven by the number of appointments. However, the contracted average consultation price with AXA was cut to reflect the expected clinician mix. Doctor Care Anywhere delivered over 180k consultations. It reported cash receipts from customers worth over $15 million, up over 5%. Its Eligible Lives customers, that is, those entitled to using DOC’s services, were up 7.1%, with Activated lives, i.e. the new sign-ups, up 25.6%. Secondary care journeys have increased by 37.6%, with more repeat patients coming to DOC. There was a heavy reduction in staff costs, amounting to nearly 36%, as the Company reduced its headcount in line with the ongoing trend. A part of the reduced headcount was its Board of Directors based in Australia, including Richard Dammery, Simon Calver and Vanessa Wallace. The leaders found it difficult to run the Company in the UK all the way from Australia. The Board will be UK-focused going forwards in line with its strategic plans. When stepping down during the annual general meeting, Dammery commented, “There can be no doubt that 2022 was a challenging year for the Company, in a sector which has lost significant market support, globally, compared to 2020 and 2021. Levels of market support and access to capital are extremely challenging.” The overall cash inflow for the business in the March quarter was $6 million, an increase of $14.1 million from Q4 2022 but this was primarily due to the receipt of $13.5m under the AXA loan facility.

Doctor Care Anywhere Frequently Asked Questions (FAQ)

  • Where is Doctor Care Anywhere's headquarters?

    Doctor Care Anywhere's headquarters is located at 13-15 Bouverie Street, London.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.