View more on these topics

Doctors Direct aims for healthy investment

Doctors Direct is an enterprise investment scheme (EIS) which aims to raise £1m to expand its business, which provides paying customers with visits from private general practitioners (GPs).

The business covers five areas — private patient visits, workplace visits arranged through employers, GP services for hotels and events, GP services to visitors to the UK through arrangements with insurance companies and filling in for GPs in the private and public sectors. It charges between £80 and £100 for each visit around London, but this increases for call outs to other areas and during public holidays.

Doctors Direct has a network of GPs and specialist consultants in the UK, Republic of Ireland and France. The company plans to use the money raised by the EIS to expand its share of private healthcare market to 1 per cent by making it services available in more areas within the UK and adding new services.

It intends to set up a private patient service that is accessible through an annual subscription and introduce specialist services such as paediatrics. The company is also developing a switchboard service for the employees of its corporate clients, where staff can reports illness and arrange GP home visits if required.

In an environment where people may be more willing to pay something towards healthcare instead of facing a wait under the NHS, a company such as Doctors Direct could be profitable. However, this EIS is high risk since the company is at a relatively early stage of development and there is no guarantee that demand for its services will increase.

Recommended

VAT is key to Sandler pay plans, says Sofa

Ron Sandler&#39s proposals for the remuneration of IFAs are easier to swallow than those outlined in CP121 as long as the Government sorts out the issue of VAT on fees, claims Sofa.Entering the fray between the professional and trade bodies on which set of proposals make it easier for advisers to remain independent, Sofa chairman […]

Zurich International Life – International Wealth Account

Wednesday, 31 July 2002Type: Single premium unit-linked bond Aim: Growth by investing in unit trusts, Oeics and fund of funds Minimum investment: Lump sum £40,000 Place of registration: Isle of Man Investment split: 100% in unit trusts, Oeics and fund of funds Isa link: No Charges: Initial &#45 structure A up to 2%, structure B […]

Doctors Direct – Doctors Direct

Tuesday, July 30, 2002Aim: Growth by investing in healthcare providersMinimum investment: Lump sum £2,000Opening/closing date: July 17, 2002/August 17, 2002Charges: ImplicitCommission: NoneTel: 020 7736 0409

National law firm launches new FSA unit

National law firm Russell Jones & Walker has launched a new consultancy arm looking to advise the financial services industry on regulatory issues. The new FSA Unit will combine Russell Jones & Walker&#39s experience in employment and litigation to help the industry deal with the FSA&#39s regulatory framework.The team will be based in the London […]

The future of active management is now

Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment