Shantel
Key Takeaways:
- Top Doctors and iWantGreatCare have merged to become the leading company for patient reviews in the healthcare sector.
- The merger aims to create synergies between the two companies and accelerate iWantGreatCare’s penetration into the public sector.
- The merger will retain the distinct brands and teams, with iWantGreatCare operating as an independent entity within the Top Doctors Group.
- The goal is to offer top-notch technology to the entire healthcare ecosystem, improve care processes, and facilitate communication between patients and healthcare professionals.
- The merger brings the total employee count of the Top Doctors Group to 455, with significant revenue growth expected.
Introduction
Top Doctors, a leading technology group focused on the digital transformation of the healthcare sector, has announced its merger with iWantGreatCare (IWGC), a prominent British company specializing in the patient experience of doctors, clinics, and hospitals. The merger aims to create a unified company that will serve as the reference for patient reviews in the UK healthcare sector.
Creating the Leading Company for Patient Reviews
The merger between Top Doctors and iWantGreatCare was completed using their own funds. The primary objective is to bring together the strengths and expertise of both teams to tackle new business challenges. The merged company aims to become the go-to platform for patient reviews of doctors, clinics, and hospitals in the UK. Additionally, the merger will create synergies in the private sector and accelerate iWantGreatCare’s expansion into the public sector.
Strengthening Technology Offerings and Enhancing Communication
Alberto E. Porciani, CEO and Co-founder of Top Doctors, highlights that the merger will enhance their technology offerings, providing an inclusive service for medical professionals, centers, hospitals, and patients. He emphasizes that iWantGreatCare’s review system seamlessly integrates with PHIN (Private Healthcare Information Network) and the NHS (National Health Service), facilitating improved communication and transparency in the healthcare sector.
Benefits for UK Patients, Providers, and Clinicians
Jon Twinn, CEO of iWantGreatCare, considers the merger as a breakthrough for UK patients, providers, and clinicians. By combining the strengths of both platforms, which are committed to assisting individuals in finding optimal care, the merger creates a powerful one-stop-shop for the UK public, the NHS, and the entire health sector. The merger will retain the distinct brands and teams of both companies.
Empowering the Healthcare Ecosystem
The merger aims to offer top-notch technology solutions to the entire healthcare ecosystem, promoting improved care processes and facilitating communication between patients and healthcare professionals. iWantGreatCare has been a pioneer in championing transparency in healthcare through patient reviews in the UK for 15 years, publishing over 6 million reviews. The merger will bring together the client base of both companies, establishing a growing international network of B2B partnerships.
Growth and Expectations
The merger increases the total employee count of the Top Doctors Group to 455. The group anticipates closing the fiscal year of 2023 with annual recurring revenue of $28 million, reflecting a growth rate of over 50% compared to the previous year.
