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Why Branson’s ex right-hand man is investing in workplace health
Dr Nguyen expanded the clinical services he offered into a medical rehabilitation business for sick or injured employees including providing the doctors and all the legal paperwork.
RediMed’s customers include construction giant John Holland, engineer Monadelphous and casino operator Crown Resorts.
It was not an area he had invested in before, but Mr Baxby saw potential in a business dealing with workplace injuries, which cost Australian companies a fortune in lost productivity.
David baxby biography
Safe Work Australia data shows the median time lost from work-related injuries and illnesses has been increasing over the past 10 years with claims of 13 weeks or more off work now representing three-quarters of compensation cases.
“Time is the cancer in workers’ compensation.
Availability is the problem. Every day a worker has off is a day in wages,” Mr Baxby said.
“Hanh built a Western Australian-centred medical rehab business but needed