Ngāi Tahu Increases Investment in Digital Healthcare Provider Tend Health
Ngāi Tahu Investments has significantly increased its ownership in the digital healthcare company, Tend Health Holdings. The investment firm raised its stake from 0.8 per cent to 24.7 per cent, marking a major shift in the company's financial involvement in the sector.
This move follows Tend Health’s recent acquisition of Green Cross Health, a well-known provider of pharmacy and medical services across New Zealand. By increasing its share, Ngāi Tahu aims to support the expansion of Tend’s integrated health services, which combine traditional clinic visits with digital technology.
Tend Health is known for its mobile app, which allows patients to book appointments, access medical records, and have virtual consultations with doctors. The company has been working to make primary healthcare more accessible to New Zealanders through these digital tools.
The partnership between Ngāi Tahu and Tend Health is expected to influence how healthcare services are delivered in the future. As the company grows, it aims to reach more patients and provide a more efficient experience for those seeking medical advice and treatment.
This investment highlights a growing trend of major organizations supporting digital health solutions in New Zealand. Industry experts will be watching closely to see how this increased funding impacts the availability and quality of healthcare services for the public.