Podiatry service is very popular now due to aged population, as well as opportunity to use 5 visits per year fully covered by medicare via special GP referral, as well as wish of private insurance holders to have better value for money (so many ladies going to podiatrist for pedicure without nail polish , almost covered by health insurance, raise than going to salon and paying 30-50 dollars from own pocket).
" The group also owns iOrthotics, a manufacturer of custom-made and 3D printed foot orthotic devices" - despite that very high price ($300-650 per pair) orthotic is in high demand now , again due to aged population and health insurance coverage (including fact, that some practice now offering free pair of shoes, if you ordering orthotic from them-so it's attracting more clients who often looking more for shoes then for inserts ))) )
5 physio per year also covered by medicare via special GP referral, as well 10-20 visits per year covered as by health insurances with reasonable out of pocket. A lot of physio specialists working close with work cover and transport accident commission as well as with private disability insurances and new government disability schema- so providing service almost free for patients, but making good money, because they paid by insurances or /and by government.
So IMHO this IPO promoting very popular high demand services and I expecting that they will do a good money .
