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Reading: Square Health, the owner of Push Doctor, employs bankers to investigate capital raising.
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Baner Club > Blog > Business > Square Health, the owner of Push Doctor, employs bankers to investigate capital raising.
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Square Health, the owner of Push Doctor, employs bankers to investigate capital raising.

A well-known supplier of virtual general practitioner services has brought in bankers to investigate a capital raise as its family owners want to leverage the company's position as the largest telehealth provider in Britain.

Last updated: 2024/09/10 at 8:26 AM
Published September 10, 2024
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According to information obtained by News, Square Health, a software platform that operates Push Doctor, has retained HSBC to provide strategic guidance on capital raising alternatives.
The business was founded in 2009 and is headquartered in Windsor. Bippon Vinayak and Anne King, both licensed physicians, are the owners.

It says it serves over 40% of FTSE 100 firms and has a network of over 5,000 medical specialists.

In addition, Square Health offers 10 million end users and deep connections with major UK health insurance companies.

Due to the growing demand for digital healthcare services from employers, it has experienced substantial growth.

Dr. Vinayak stated at the time that the two companies are very complementary to one another because they operate in different industries and provide the chance to combine the best clinical, technology, and service delivery practices.

The company currently brings in about £40 million a year.

On Monday, Square Health and HSBC declined to comment.

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admin September 10, 2024 September 10, 2024
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