Third Age Health settles acquisition of EastMed Doctors
3 October 2022
Third Age Health settles acquisition of EastMed Doctors
Third Age Health Services Limited (NZX: TAH) advises that further to our announcement on 1
September 2022 it has, effective today, settled the acquisition of a majority share of EastMed Doctors
(“EastMed”) for $1.9 million, fully funded through Third Age Health’s ANZ loan facility.
CEO, Tony Wai says “The acquisition of EastMed Doctors in Saint Heliers marks a significant milestone
for Third Age Health as this is an established large general practice ideally located in East Auckland
which has a growing aged population. The practice is within easy reach of eight aged residential care
facilities, including Ryman’s Grace Joel Retirement Village for whom Third Age Health has an existing
relationship and has been providing general practice services to residents for some time.
We are really excited by the opportunities that EastMed provides to extend our services in the East
Auckland region, among other things by its proximity to the seven aged care providers we don’t
provide services to yet.”
The results of EastMed will be consolidated into the TAH Group effective from 3 October 2022.
Authorised for issue by:
Tony Wai
CEO
For more information, please contact:
Ruth Morse, Head of Communications, Marketing and Engagement – Third Age Health
+64 21 263 1415
ruthm@thirdagehealth.co.nz
About Third Age Health
Third Age Health is New Zealand’s only specialised provider of general practice health care services for older
people living in retirement villages, private hospitals, secure dementia units as well as in communities across
New Zealand. A dedicated Third Age Health clinical team provides onsite clinics, rostered rounds and after
hours on-call healthcare services aimed at supporting the health and wellbeing of older people to improve
quality of life. As well as providing clinical services for over 50 aged care facilities throughout New Zealand,
Third Age Health owns several general practices providing quality primary healthcare to people of all ages.
www.thirdagehealth.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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