HEALTH SERVICES MANAGEMENT – AUSTRALIA

China’s $2b swoop on health giant

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Original article by Carrie LaFrenz
The Australian Financial Review – Page: 1 & 6 : 4-Jan-19

Shares in pathology, imaging and medical centres operator Healius closed 7.8 per cent higher at $2.63 on 3 January, in response to a takeover bid from Jangho Group. The Chinese company already has a 15.93 per cent stake in Healius and is offering $3.25 per share. Healius, which changed its name from Primary Health Care in late 2018, has advised shareholders to take no action regarding the unsolicited offer at present. It has stressed that Jangho’s approach may not necessarily result in a deal.

CORPORATES
HEALIUS LIMITED – ASX HLS, JANGHO GROUP, VISION EYE INSTITUTE LIMITED, MONASH IVF GROUP LIMITED – ASX MVF, HEALTHSCOPE LIMITED – ASX HSO, MACQUARIE GROUP LIMITED – ASX MQG, CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED, APA GROUP – ASX APA, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED – ASX API, SIGMA HEALTHCARE LIMITED – ASX SIG, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIA. FAIR WORK COMMISSION, KING AND WOOD MALLESONS, UBS HOLDINGS PTY LTD

Research Australia and Roy Morgan partner to reveal Australians’ views on health and medical research (HMR) in a changing landscape of healthcare

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Sep-18

Research Australia and Roy Morgan have released the results of the 2018 Health & Medical Research Public Opinion Poll. Celebrating the 15th year of the annual poll, Research Australia and Roy Morgan have hosted an official launch in The Cellar of Tonic House, Roy Morgan’s unique office function room. Roy Morgan CEO Michele Levine enlightened attendees on trust and distrust in the healthcare space, and how a much more discerning public, along with the advent of technology are pushing back against what they perceive as unfair practice. Research Australia CEO Nadia Levin shared some of the key outcomes from the poll to an audience from across the health and medical research pipeline, including representation from Ausbiotech, GSK, AAMRI, the University of Melbourne, HealthConsult, the Department of Health & Human Services, ARCS and The Walter & Eliza Hall institute of Medical Research.

CORPORATES
ROY MORGAN LIMITED, RESEARCH AUSTRALIA LIMITED

‘Mediscare’ delivers poll boost for Labor

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 24-Jun-16

The Australian Labor Party believes that it could gain more seats than expected in the 2016 federal election due to concerns about the privatisation of Medicare under a Coalition government. Meanwhile, Prime Minister Malcolm Turnbull sought to deflect attention from Medicare on 23 June by continuing to warn of an influx of asylum seekers if Labor wins the election, while Opposition Leader Bill Shorten reiterated that Labor will protect weekend penalty rates.

CORPORATES
AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, NICK XENOPHON TEAM, RETAIL TRADERS ASSOCIATION, VICTORIA. COUNTRY FIRE AUTHORITY, VICTORIA. DEPT OF PREMIER AND CABINET

The boats v Medicare fear election

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 6 : 23-Jun-16

The future of Medicare was again under scrutiny on 22 June 2016, with Opposition Leader Bill Shorten describing the universal healthcare system as a "birthright" of Australians. Meanwhile, Prime Minister Malcolm Turnbull has reiterated that his government will seek to overhaul the Medicare payments system rather than outsourcing it. Turnbull has also attempted to divert attention from claims about the privatisation of Medicare by warning that the Australian Labor Party’s border protection policies would result in an influx of asylum seekers.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIA. DEPT OF IMMIGRATION AND BORDER PROTECTION, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN MEDICAL ASSOCIATION LIMITED

AMA head rejects Shorten’s Medicare scare campaign

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Original article by David Crowe, Sean Parnell
The Australian – Page: 8 : 22-Jun-16

Australian Medical Association president Michael Gannon has rejected suggestions that outsourcing the Medicare payments system would constitute the privatisation of Medicare itself. He argues that the payments system technology is outdated and needs to be overhauled. Medicare has featured prominently in the Australian Labor Party’s recent election campaigning. Gannon says the AMA supports some of Labor’s health care policies, but it does not endorse the party’s claims regarding the future of Medicare.

CORPORATES
AUSTRALIAN MEDICAL ASSOCIATION LIMITED, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIAN LABOR PARTY, THE ROYAL AUSTRALIAN COLLEGE OF GENERAL PRACTITIONERS, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF HEALTH, ST JOHN OF GOD HOSPITAL SUBIACO INCORPORATED, ACTU

Labor forces Medicare retreat

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 : 20-Jun-16

The future of Medicare was on the agenda for both major political parties on 19 June 2016. Prime Minister Malcolm Turnbull ruled out the privatisation of Medicare or any of its services. The Federal Government had previously flagged plans to outsource Medicare’s back-office functions. However, Opposition Leader Bill Shorten claims that the Government still plans to dismantle the existing Medicare system. He has also committed to blocking a proposal to reduce bulk-billing incentive payments for pathology and radiology services.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIA. DEPT OF HEALTH, AUSTRALIA. PRODUCTIVITY COMMISSION, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA POST, NORTHROP GRUMMAN CORPORATION, TELSTRA CORPORATION LIMITED – ASX TLS

Pulse sees value in $162m Vision Eye Institute bid

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Original article by Yolanda Redrup
The Australian Financial Review – Page: 16 : 7-Jul-15

Australian-listed private hospital group Pulse Health is offering 1.6 of its shares for every share in Vision Eye Institute, valuing the bid at $A0.88 per share. The deal has the support of Viburnum Funds, which holds major stakes in both groups and would be the largest stakeholder in the combined entity.

CORPORATES
PULSE HEALTH LIMITED – ASX PHG, VISION EYE INSTITUTE LIMITED – ASX VEI, VIBURNUM FUNDS PTY LTD, PRIMARY HEALTH CARE LIMITED – ASX PRY

Feeling ill? Take photos and call Dr Snapchat

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Original article by David Ramli
The Australian Financial Review – Page: 23 : 3-Jul-15

Telstra has launched a telemedicine service called ReadyCare in partnership with Switzerland-based Medgate. Consumers with health issues will be able to consult a GP via video link or mobile phone for a $A76 fee. ReadyCare is aimed at treating people with infectious diseases in their own home rather than having them visit a GP.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, MEDGATE AG, TELSTRA READYCARE

Make states fund health: PM’s office

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Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 23-Jun-15

A leaked green paper from the Department of Prime Minister & Cabinet outlines a number of potential options for reforms to the public hospital system. They include transferring all responsibility for funding and operating the public health system to the states and territories, establishing a system similar to the Medicare Benefits Schedule for public and private hospitals, and making health care entirely funded at federal level.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET

GenesisCare in no rush over billion-dollar IPO

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Original article by Simon Evans
The Australian Financial Review – Page: 13 : 12-Jun-15

Private equity-owned GenesisCare operates 25 cancer treatment facilities in Australia, and is keen to pursue growth domestically and internationally. MD Dan Collins says the group is considering a range of options, including an IPO, although he says GenesisCare is in no hurry to list on the sharemarket. GenesisCare posted EBITDA of $A46.4m in 2013-14, with revenue of $242.5m for the financial year.

CORPORATES
GENESIS CARE PTY LTD, KOHLBERG KRAVIS ROBERTS AND COMPANY, KKR AND COMPANY LP, THE ROYAL AUSTRALIAN AND NEW ZEALAND COLLEGE OF RADIOLOGISTS, GREENSTONE LIMITED, HOLLARD INSURANCE GROUP, GREAT BRITAIN. NATIONAL HEALTH SERVICE, UBS HOLDINGS PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, RAMSAY HEALTH CARE LIMITED – ASX RHC