Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement
Companies

Healthcare & Fitness

Yesterday

Sonic Healthcare chief executive Colin Goldschmidt has made a $700 million investment in Germany.

Sonic Healthcare to buy German lab group for $700m

Pathology giant Sonic Healthcare is buying one of Germany’s top medical lab groups as it seeks to expand its market share in Europe.

  • Michael Smith
Last year, Bain Capital snapped up Estia Health, one of few listed on the ASX, for $838 million. Estia has 73 homes across the country.

Bain Capital kicks off dividend recap at aged care biz Estia Health

Sources said the loans are being provided by infrastructure-focused investors including Keppel Infrastructure, Stonepeak and Pacific Equity Partners.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Health Minister Mark Butler says health insurers are exploiting a loophole to increase premiums.

Health insurers tricking members with secret premium rises: Labor

Health Minister Mark Butler says insurers are exploiting a loophole that allows them to charge hundreds more by replacing products with more expensive new ones.

  • Michael Smith
The AMA warns insurance companies have too much say over at-home treatment.

Doctors say health insurers have too much control over home care

The AMA is warning that Australia is at risk of adopting “US-style managed care” where insurance companies call all the shots.

  • Michael Smith

This Month

Mark Butler has a difficult decision to make.

Mark Butler’s health problem with no fix

The health minister is in the middle of an almighty fight between private hospitals and the health insurers, and he’s facing a difficult decision in the lead up to the election.

  • Michael Smith
Advertisement
David Baxby from Coogee Capital.

Why Branson’s ex right-hand man is investing in workplace health

David Baxby has invested in just about everything from airlines to gyms. Now for the first time, he is putting his money into healthcare.

  • Michael Smith
This dastardly government: Twomey tears up during a press conference in April 2023

Pharmacy Guild sends voodoo dolls to fans and supporters

Trent Twomey doesn’t fear the scorn of the political establishment. Or the evil eye.

  • Myriam Robin
Calvary Health Care chief executive Martin Bowles does not support the private hospital association’s demand for emergency funding.

Private hospitals split over industry’s demand for emergency funding

Two not-for-profit groups say they are opposed to calls from bigger players like Ramsay Health Care for more money, or the introduction of $200 visit fees.

  • Michael Smith
Pixii supplies 800 sites with organic cotton tampons and pads, made freely available via wall dispensers.

Making period products free a ‘workplace, societal issue’

Nina Tavener had a light-bulb moment at a women’s conference. A speaker asked whether anyone had ever faced not having period products at hand when they needed them most.

Sponsored 

by Pixii

Nurses at the John Fawkner Hospital in Melbourne. The hospital is owned by Healthscope, which tore up its contract with several big insurers.

Private hospitals want $200 per visit fee to head off funding crisis

Operators of major private health facilities say it is their only option if they aren’t handed $1.3 billion in emergency funding by the federal government

  • Michael Smith
Orthocell Chairman John Van Der Wielen with Professor Fiona Wood in front of a wall of framed patents in their offices at Murdoch University in Perth. 21st November 2024 Photo: Trevor Collens

Perth’s billionaire set is piling into this little-known medtech

The value of West Australian nerve repair biotech Orthocell has doubled since September as it beefs up its shareholder bases and prepares to break into the US.

  • Michael Smith
Sam Hupert of Pro Medicus.

Pro Medicus billionaires in $500m sell-down

The trade crossed the screen in two lines on Tuesday afternoon, with about 2 million shares changing hands at last price.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
National home care provider Five Good Friends co-founders Nathan Betteridge and Simon Lockyer.

TPG Capital to buy majority stake in founder-owned Five Good Friends

TPG is expected to join Five Good Friends’ register as the controlling owner alongside Nathan Betteridge and Simon Lockyer, who founded the business in 2016

  • Sarah Thompson, Kanika Sood and Emma Rapaport
NSW Treasurer Daniel Mookhey says insurers will return $140 million to the public health system by paying higher room rates.

Insurers warn of premium hikes after losing NSW bed rate battle

Private health insurers have caved to pressure from the Minns government to pay higher hospital bed rates following a protracted campaign.

  • Michael Smith

November

NIB CEO Mark Fitzgibbon with his partner Rebecca Thompson and their grandchildren Charlie, 3, and Mimi, 2.

Insurance chief Mark Fitzgibbon’s lessons from Ted Lasso

NIB’s veteran CEO talks about his battle with hospitals and politicians, and his realisation that a healthy life is finite.

  • Michael Smith
Advertisement
Pacific Smiles operates 128 dental clinics in NSW, Victoria, Queensland and the ACT and employs 800 dentists and 1600 support staff.

Genesis crowns Pacific Smiles directors as major shareholder exits

Genesis Capital leapt over the 50 per cent threshold on Friday morning to secure majority control of the dental clinic chain.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Processed meats are high in salt and saturated fat, both of which are inflammatory. 

Why that ultra-processed food is ageing you

As anyone who’s ever tried to stop at just one potato chip can tell you, the stuff is moreish – and scientists are discovering more about the harmful effects.

  • The Economist
John Fawkner Hospital in Melbourne. More Australians are accessing their health insurance for hospital treatments.

Young people pile into private health insurance

A surge in young people taking up private health cover drove membership to a record high in the September quarter, despite a cost-of-living crisis.

  • Michael Smith
Dennis Bastas debuted on the Financial Review Rich List in 2022.

Billionaire Dennis Bastas shops stake in $3b pharmaceutical empire

Sources say a deal could value DBG at more than $3 billion, and would boost Bastas’ personal wealth, which was last pegged at $1.8 billion by the AFR Rich List.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Fisher & Paykel Healthcare chief executive Lewis Gradon says new produts are driving earnings growth.

Fisher & Paykel Healthcare misses market’s high earnings hopes

Investors were disappointed by the New Zealand group’s outlook despite a 43 per cent rise in net profits in the first six months of the financial year.

  • Michael Smith
Marina Radiology’s Wodonga location.

Doctors meet PE at Melbourne’s Marina Radiology

Marina Radiology, founded in 1999 in Dandenong, could be worth $100 million to $170 million as its doctor-owners shop the business to private equity players.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Genesis Capital dealmakers Chris Yoo and Michael Caristo.

Grin and bear it: Genesis set for board control at Pacific Smiles

After an 11-month prolonged saga, Street Talk would not be surprised to see the private equity firm move to take majority control before the end of the week.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Since launching three years ago, Value Dental Centres claims it has saved patients more than $19 million (based on comparisons with standard industry pricing).

Finding an affordable and safe local alternative to dental tourism

Getting an improved smile and an overseas holiday for less than the price of the dental treatment alone seems like a dream come true for many patients.

Sponsored 

by Value Dental

Panorama Radiology Specialists founding radiologist and principal Dr Angus Watts (left) with chief technical officer Sam Bradshaw.

Boutique radiology practices help meet surging demand of ageing population

A worldwide shortage of radiologists and Australia’s ageing population underpin the rapid growth of healthcare company Panorama Radiology Specialists on the Gold Coast.

Sponsored 

by Panorama Radiology

 The team at  SustainHealth Recruitment

A one-woman firm becomes a $29m national recruiter

Kay Reynoldson says loyalty underpins healthy growth for this nursing recruiter where revenues have tripled.

  • Michael Smith