Third Age Health is a provider of primary care services to the aged residential care ("ARC") sector and, through Hawkes Bay Wellness Centre, the general population. Third Age Health provides these services by way of both physical attendances and offsite service provision.
Third Age Health primarily generates revenue through its services under contracts for service with ARC providers, who pay fees to Third Age Health according to those contracts. Third Age Health also generates revenue when we enrol a patient into our practice, or when we provide services through our primary care medical centre. In order to generate revenue, Third Age Health must have two things: patients who want us to provide them services, and suitably qualified healthcare personnel willing to provide services to these patients.
The following information was extracted from Third Age Health Services Limited's full year announcement, released 30 May 2025:
Third Age Health delivers 2H underlying NPATA1 of $1,525k up 12.0% on 1H, and FY25 underlying NPATA1 of $2,886k up 69.0% on FY24
FY25 Business Highlights
Third Age Health (TAH) is New Zealand’s leading provider of quality health care services for older people; supporting those living in care homes, hospital level care, secure dementia units, retirement villages and in their own homes. TAH currently provide services to 90 Aged Residential Care (ARC) facilities throughout the country, including some of the largest aged care providers in New Zealand. In addition, Third Age Health has a family of general practices providing quality primary healthcare for local communities.
Financial Performance
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