Sonic hit by Medicare co-payment concerns

Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 18-Feb-15

Sonic Healthcare has posted a 2014-15 interim profit of $A174m, which is 1.9 per cent lower than previously. EBITDA of $A344m was in line with the previous corresponding period, but CEO Colin Goldschmidt anticipates full-year growth of 2-4 per cent. He notes that uncertainty about Medicare co-payments affected the group’s pathology business in the first half. Sonic shares closed 0.2 per cent lower at $A18.91 on 17 February 2015

CORPORATES
SONIC HEALTHCARE LIMITED – ASX SHL, INDEPENDENT PRACTITIONER NETWORK LIMITED, MEDIBANK PRIVATE LIMITED – ASX MPL, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIAN ETHICAL INVESTMENT LIMITED – ASX AEF

Monash eyes small clinics and Asian leap

Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 29-Aug-14

Australian-listed Monash IVF has reported a 2013-14 net profit of $A2.6m, compared with a $A14.6m loss in 2012-13. The group’s revenue of $A114m was 18 per cent higher than previously, and earnings were bolstered by acquisitions and demand for IVF-related services. CEO James Thiedeman has indicated that the group plans to expand in Asia

CORPORATES
MONASH IVF GROUP LIMITED – ASX MVF, VIRTUS HEALTH LIMITED – ASX VRT, PRIMARY HEALTH CARE LIMITED – ASX PRY, MACQUARIE GROUP LIMITED – ASX MQG