Allevia Health

What Allevia Health does

Allevia Health is a privately held, vertically integrated New Zealand healthcare group (legal entity Healthcare Holdings Limited) that operates 25 brands across six sectors: hospitals, diagnostic imaging, outpatient services, mobile health, occupational health, and property/consumables. Core facilities include five private hospitals (Allevia Hospitals in Epsom and Ascot with 22 operating theatres, Allevia Kensington in Whangarei, Kākāriki in Greenlane and Forté Health in Christchurch), seven diagnostic brands (Allevia Radiology, Auckland Radiation Oncology, Affinity Medical Imaging, North MRI, Mobile Imaging, MSK Radiology, Reform Radiology) and eight outpatient brands. The group runs coordinated 'Health Journeys' covering neck lump, prostate, haematuria, bladder cancer and renal colic conditions, and delivers the first mobile PET-CT service in Australasia through its Mobile Imaging joint venture. Underlying technology spans MRI, CT, PET-CT, mammography, endoscopy, interventional cardiology and AI-enhanced Elekta Evo radiation therapy.

The business monetises primarily through professional-services revenue from surgical procedures, inpatient care, diagnostic imaging and outpatient consultations across the hospital and radiology network, with a secondary managed-services/transaction-fee layer funded by health insurers (Southern Cross Affiliated Provider, nib First Choice) and the Accident Compensation Corporation (ACC, via the Careway pilot). GTM is sales-led, driven by GP and specialist referrals, insurance-payer prior approval, and corporate occupational health contracts; workplace drug and alcohol testing is delivered through The Drug Detection Agency Group (TDDA) via 90 mobile clinics across 65 locations in New Zealand and Australia. The group serves 20,000+ hospital patients and 200,000+ radiology patients annually, employs 2,300+ staff and works with 360+ specialists.

In April 2025 the group rebranded from Healthcare Holdings/MercyAscot to Allevia Health to unify its brand portfolio under one identity and the 'A Better Health Journey' proposition. Recent strategic activity has been offensive: capacity additions (Kākāriki 2024, new theatre block May 2025, ARO North Shore August 2025), payer-network expansion (nib First Choice April 2025) and structured urology partnerships (Urology Institute/OneSixOne Medical Group). PE ownership is signalled by the presence of a Waterman Capital co-founder on the board alongside a CSO recruited from PwC New Zealand's M&A practice.

Name

Allevia Health

Legal name

Healthcare Holdings Limited

Website

https://alleviahealth.co.nz

Company type

Private

Founded year

1850

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Private Healthcare Services

NAICS

General Medical and Surgical Hospitals (622110), Ambulatory Health Care Services (621), Offices of Physicians (except Mental Health Specialists) (621111)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062), Services-Hospitals (8060), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

akta.pro secondary industry

Care Management & Population Health Program Administration (HLAEALAG)

Keywords

• Private hospital services
• Diagnostic imaging services
• Radiation oncology treatment
• Occupational health services
• Surgical specialty care

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Private Hospital Services: Revenue from surgical procedures, inpatient care, and outpatient treatments across five hospitals including Allevia Hospital Epsom, Allevia Hospital Ascot, Allevia Kensington Hospital, Forté Health Group, and Kākāriki Hospital. Services include surgery, endoscopy, and specialist consultations.
2. Diagnostic Imaging Services: Revenue from radiology services including MRI, CT, PET-CT, X-ray, ultrasound, mammography, and nuclear medicine across multiple diagnostic brands.
3. Insurance-funded Healthcare: Services funded through health insurance providers including Southern Cross and nib. Southern Cross Health Insurance funds the Prostate Clinic two-year pilot for eligible members.
4. ACC-funded Services: Careway provides ACC-funded accelerated care for patients with knee, shoulder, and spinal injuries under a 4-year ACC pilot programme.
5. Occupational Health Services: Workplace health services including pre-employment medical assessments, annual health checks, drug and alcohol testing through The Drug Detection Agency Group.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Allevia Health is a privately held New Zealand healthcare group that delivers integrated private hospital, diagnostic imaging, outpatient specialty, radiation oncology, mobile health, and occupational health services across more than 25 brands. The group operates five private hospitals, seven diagnostic services, eight outpatient service lines, two mobile health units, and two occupational health brands serving 20,000+ annual hospital patients and 200,000+ annual radiology patients with the support of 360+ specialists. Its flagship Allevia Health Journeys programme provides coordinated, end-to-end clinical pathways for specific conditions such as neck lumps, prostate, haematuria, bladder cancer, and renal colic.

Product overview

Allevia Health is a diversified healthcare services group providing an integrated offering across New Zealand's tertiary healthcare and Australasia's occupational health and safety markets. The group operates across six sectors: Hospitals (5 facilities including Allevia Hospitals, Allevia Kensington Hospital, Forté Health, Kākāriki Hospital), Diagnostic (7 services including Allevia Radiology, Auckland Radiation Oncology, Affinity Medical Imaging, North MRI, Mobile Imaging, MSK Radiology, Reform Radiology), Outpatient (8 services including Allevia Head & Neck, Allevia Cardiology Ascot, Careway, Endoscopy Auckland, Laparoscopy Auckland, Columba at Ascot, OneSixOne Medical Group), Property & Consumables (Quipt), Mobile (Mobile Health Group, Mobile Imaging), and Occupational (Health Tick, TDDA). The group serves 20,000+ annual hospital patients, 200,000+ annual radiology patients, 2,300+ staff, and works with 360+ specialists. Central to the offering is the Allevia Health Journeys program providing coordinated care pathways including Neck Lump Clinic, Prostate Clinic, Haematuria Clinic, Bladder Cancer Clinic, and Renal Colic Clinic.

Differentiator

Problem solved

Functional benefit

Brands

• Allevia Health Journeys: A patient-centred healthcare journey approach offering streamlined, personalised care from diagnosis through treatment and recovery
• Allevia Neck Lump Clinic
• Allevia Prostate Clinic
• Haematuria Clinic
• Bladder Cancer Clinic
• Renal Colic Clinic

Products and services

• Allevia Hospitals
• Allevia Radiology
• Allevia Head & Neck
• Neck Lump Clinic
• Prostate Clinic
• Haematuria Clinic
• Bladder Cancer Clinic
• Renal Colic Clinic
• Auckland Radiation Oncology (ARO)
• Allevia Breast Institute
• Allevia Cardiology Ascot
• Allevia Kensington Hospital
• Careway
• Health Tick
• The Drug Detection Agency Group (TDDA)
• Mobile Health Group
• Allevia Screening Programmes
• Theranostics

Quantifiable outcome

• 20,000+ hospital patients and 200,000+ radiology patients served annually
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core.

• Urology Institute at OneSixOne Medical GroupcoreStrategic or Co-development Partner · 1 April 2025Partnership for development and operation of Bladder Cancer Clinic, Haematuria Clinic, Prostate Clinic, and Renal Colic Clinic. OneSixOne Medical Group provides urology specialists and facilities at 161 Gillies Ave, Epsom, Auckland. Services include on-site cystoscopies, TURBT procedures, BCG instillations, and specialist consultations.
• nib First ChoicecoreGTM or Marketing Partner · 1 April 2025nib First Choice provider network enables funded access to urology clinic services including Bladder Cancer Clinic, Haematuria Clinic, and Renal Colic Clinic at OneSixOne Medical Group.
• Southern Cross Health InsurancecoreGTM or Marketing Partner · 1 September 2024Southern Cross Health Insurance funds a two-year pilot providing fully-funded access to diagnostic and treatment services at The Prostate Clinic for eligible members. Southern Cross Affiliated Provider status applies across Allevia hospitals, radiology, and outpatient services.
• Mobile Health GroupcoreStrategic or Co-development PartnerJoint venture for Mobile Imaging - bringing comprehensive PET-CT care close to home through mobile service. First in Australasia to deliver mobile PET-CT services to regional communities. Mobile Health Group operates fleet of specialised healthcare vehicles throughout Aotearoa New Zealand.
• North MRIcoreStrategic or Co-development PartnerJoint venture between Allevia Radiology and Atahanga Ltd bringing radiologic and specialist expertise together. Provides MRI and diagnostic imaging services in Auckland.
• NZ CyclotroncoreStrategic or Co-development PartnerJoint venture between Allevia Radiology and Cyclowest to provide cyclotron services and radiopharmaceuticals for diagnostic and therapeutic applications.
• NZ Musculoskeletal Imaging (MSK Radiology)coreStrategic or Co-development PartnerJoint venture between radiology and orthopaedic/MSK specialists. Centre of excellence in central Auckland providing MRI, X-Ray, CT, and SPECT-CT/Nuclear Medicine services with patient-focused wraparound clinical care.
• Reform RadiologycoreStrategic or Co-development PartnerJoint venture between local radiologists in greater Christchurch area, Integrated Hospitals Ltd, and Forté Health Group Ltd. Provides local world-class radiology services with combined radiology, surgical, and commercial expertise.
• Auckland Orthopaedics LimitedcoreStrategic or Co-development PartnerPartnership for Careway (formerly My Accelerated Care and MyAC) - ACC-funded 4-year pilot providing accelerated care for patients with knee, shoulder, and spinal injuries. Clinicians across Auckland work collaboratively to deliver better patient outcomes through innovation and best practice.
• Atahanga LtdcoreStrategic or Co-development PartnerPartner in North MRI joint venture bringing surgical and commercial expertise alongside Allevia Radiology's radiologic capabilities.
• CyclowestcoreStrategic or Co-development PartnerPartner in NZ Cyclotron joint venture for cyclotron services and radiopharmaceutical production to serve community health needs.
• Integrated Hospitals LtdcoreStrategic or Co-development PartnerPartner in Reform Radiology joint venture in Christchurch alongside Forté Health Group and local radiologists.
• Forté Health GroupcoreStrategic or Co-development PartnerPartner in Reform Radiology joint venture. Forté Health is a carbon zero private hospital in Christchurch - New Zealand's first and only hospital with four green star certification.
• The Drug Detection Agency Group (TDDA)coreStrategic or Co-development PartnerHealth Tick occupational health services utilise TDDA's clinic locations and occupational health nurses. TDDA is a leader in workplace drug and alcohol testing with 300 staff operating 90 mobile clinics in 65 locations throughout New Zealand and Australia.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Ramsay Health Care: Australia's largest private hospital operator with global operations, including NZ facilities (e.g., Southern Cross Hospitals). Comparable in private surgical hospital operations, specialty clinic delivery, and multi-site integrated care models.
• Sonic Healthcare: Global diagnostics giant with significant Australasian pathology and radiology operations. Comparable in large-scale diagnostic services and medical specialty operations across Australia and New Zealand.
• Healthscope: Major Australasian private hospital operator (now under Brookfield ownership). Comparable in private hospital scale, elective surgery focus, and integration with private health insurers across the region.
• Southern Cross Healthcare: New Zealand's largest health insurer with affiliated provider hospitals and surgical facilities. Comparable as a vertically integrated NZ private healthcare participant and a direct counterpart as both payer and provider.
• Healius: Australian diagnostics and outpatient health services operator (pathology, imaging, day hospitals). Comparable in diagnostic imaging scale and integrated outpatient services.

Direct peers

• Wakefield Hospital: Wellington-based private surgical hospital and specialist consulting facility. Directly comparable as a NZ private hospital focused on elective surgery and specialist services.
• Mercy Hospital (Dunedin): Southern NZ private surgical hospital with similar heritage and service mix to Allevia's hospitals. Comparable as a NZ regional private acute care provider.
• Bowen Hospital: Wellington private surgical hospital offering a comparable mix of elective surgery, endoscopy, and specialist consulting services to Allevia's hospitals.

Emerging players

• Pacific Edge Diagnostics: NZ-listed cancer diagnostics company with urology-focused molecular diagnostic tests. Comparable in NZ-based specialty diagnostics and urology pathway overlap with Allevia's Prostate and Bladder Cancer Clinics.

Regional players

• Ryman Healthcare: NZ's largest listed retirement village and aged-care operator. Adjacent peer given shared NZ healthcare customer demographic, although focused on aged residential care rather than acute hospital services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@alleviahospitals
• LinkedInlinkedin.com/company/healthcare-holdings-limited

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries21 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allevia Health