MDR 3.45% 30.0¢ medadvisor limited

HealthNotes and OzDocs added 300,000 new users. With 840,000...

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  1. 3,108 Posts.
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    HealthNotes and OzDocs added 300,000 new users.

    With 840,000 platform users they have healthy numbers through organic growth and are able to supplement this with measured acquisitions.

    I think they might target Memocare next which claim 100k users.

    This playing field would be similar to ISPs. Most users who connect with their pharmacies do so already with existing apps. Growth is performed through attracting users to MedAdvisor's platform through bundles and being more feature rich but also acquiring competitor products.

    MDR is now clearly the dominant and incumbent provider of health integration. It would take a lot of investment for a new player to take what MDR has built over the last few years.

    Edit: 840k as per quarterly.
    Last edited by futurenow: 19/07/17
 
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