PEHA

Our investment in PEHA

Private Emergency Health Australia (‘PEHA’) is Australia’s largest operator of emergency departments on behalf of hospitals. Founded in 2017, PEHA operates in seven sites across Queensland, Western Australia and Tasmania, and has access to a network of approximately 200 doctors.  PEHA’s offering is critical for hospitals. It provides emergency specialist doctors, site directors, practice managers and financial and administrative processes.  This helps ensure hospitals have efficient emergency departments, a key driver of boosting hospital utilisation and revenue.

 

The Opportunity

The investment thesis is centred around strong organic growth and building the network of sites. The tailwinds for PEHA are strong given Australia’s aging demographic, shortage of general practitioners, long wait times at public emergency departments and increased prevalence of health insurance. As the leading player in Australia with a large network of doctors and strong brand, PEHA is well positioned to increase its number of hospital partners, and expand services to include adjacencies such as short stay and intensive care units.

How We Help

PEHA has significant organic and inorganic growth potential. We are assisting the founders and management on key initiatives including building out the executive team, adding to the hospital network and exploring adjacent services.

Investment Information

Fund: Advent Partners 3
Deal Type: Growth
Sector: Healthcare
Inv. Date: March 2024
Inv. Team: Rob Hooke, Robert Radcliffe-Smith, Michael Frawley, Annabelle Simkiss

Other Featured Investments