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Healthcare

Yesterday

Called My Health Record, the system aims to centralise health records, allowing patient information to be readily available to various medical professionals across the country.

The digital health black hole must be fixed

The Productivity Commission’s report on the failure of My Health Record should concern all Australians not only as taxpayers, but as consumers in an ageing society.

  • The AFR View

This Month

Telehealth can save nearly $900 million in travel time and waiting room costs, says the Productivity Commission.

Health portal ‘plagued by incomplete records and poor usability’

Poor usability and incomplete records are frustrating uptake of the My Health Record portal, while the Productivity Commission estimates benefits of around $5.4 billion a year if it can be made to work.

  • Tom Burton
UK private equity firm Livingbridge invested in Habit Health in 2018.

New deal! Five V Capital are creatures of Habit

Allied health providers have proved popular – and profitable – for a number of investors, including Quadrant Private Equity, Next Capital and Adamantem Capital.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This former Young Rich Lister just spent $700k to alter his genes

Nick Bell’s first business failed, his next made him millions. The serial entrepreneur’s latest business venture involves helping people live longer.

  • Julie-anne Sprague
Rob Scott’s portfolio of businesses at Wesfarmers is constantly evolving. The spotlight is on its digital, health and lithium moves.

Wesfarmers sprays growth bets, waiting for payoff

Wesfarmers’ hefty businesses proved their resilience in the pandemic. Now, with shares breaking $65 for the first time, Rob Scott needs us to think about growth. 

  • Updated
  • Anthony Macdonald
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Solving the worker shortage with overseas recruits

NDIS provider Concept Care says a shortage of skilled disability care workers has driven the company to sponsor workers to come to Australia, helped with visas, loans and bank accounts.

  • Sian Powell

April

Benson Radiology’s Christies Beach location (pictured) is one of its 24 clinics across South Australia.

SA’s Benson Radiology orders adviser beauty parade

Sources said Benson is making about $30 million EBITDA a year.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Doubel act: I-MED CEO Shrey Viranna and his chairman, George Savvides, oversee one of the biggest privatley owned health businesses in Australia.

How under the radar I-MED is fighting fit after 20-year PE job

Tucked away in private equity, it is easy to forget about Australia’s biggest imaging company I-MED. But it is worth watching this year; it has a few ideas on the boil.

  • Anthony Macdonald
The value of super withdrawn for dental treatments nationally jumped 373 per cent to $313 million from 2019 to 2023.

Start-ups, dentists drain retirement savings in ‘super scam’

The value of super withdrawn for dental treatments nationally jumped 373 per cent to $313 million from 2019 to 2023, and Labor has warned of a potential crackdown.

  • Hannah Wootton
Telstra boss Vicki Brady said big companies are holding back from spending money on communications projects.

Telstra mulls strategic review of its massive health portfolio

Telstra boss Vicky Brady talked up her desire to actively manage the telco’s sprawling portfolio at the half-year result.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Meet the doctors whose virtual ED is easing the load on hospitals

In outer Melbourne, a virtual emergency department has offered 250,000 patients treatment and created a model to help keep ageing Baby Boomers out of hospital.

  • Tom Burton
Racing for the exit.

The Growth Fund on verge of $750m payday at Fitness Passport

The mid-market PE firm is in advanced discussions with Swedish bigwig EQT Partners to sell its majority stake in the gym membership network.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Former Telstra CEO David Thodey read the room when he took over as Ramsay Health Care’s chairman.

Adieu: Ramsay Health Care’s shrinking global ambition

Under-pressure Ramsay Health Care is taking a fresh look at its footprint, which could mean a major change in its strategy. Watch this space.

  • Anthony Macdonald

Ansell shows how to create new interest in an old story

Cheap stock never goes out of fashion. The key for a company is to issue it only occasionally, and make the most of when it does.

  • Anthony Macdonald
Before and After - Trish Miller is a patient of Eucalyptus, which is a company that offers compounded Ozempic.

Trish lost 25kg on replica Ozempic. She fears for patients like her

Patients like Trish Miller are afraid their weight loss will come to a halt as the regulator mulls a ban on replica anti-obesity drugs made by pharmacists.

  • Nick Bonyhady
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March

Cochlear chief executive Dig Howitt has had a great story to tell investors at recent results.

Can a vaccine slow down the Cochlear train?

Cochlear is firing for investors, but you have to wonder whether everyone’s getting a bit carried away.

  • Anthony Macdonald
The pathology business is the largest division of Healius, which runs 2000 collection centres and 100 testing labs.

Healius in management shake-up after CEO exit

Australia’s No.2 pathology group is cutting costs in a restructure to try to turn around a profit slump, as UBS pushes on with a strategic review.

  • Simon Evans
Dentistry provides the highest salaries for graduates, but the lowest satisfaction for university coursework.

Dentists want exemptions as medical payroll tax disruption spreads

Dentists are urging state revenue authorities around the country to follow the example of South Australia and offer an exemption to new payroll tax liabilities.

  • Tom McIlroy
HMC Capital’s David Di Pilla is a key player in the Healthscope situation.

David Di Pilla draws line in the sand at Healthscope

David Di Pilla’s HMC Capital wants to make a few things clear about where it stands as a landlord to struggling hospital operator Healthscope. 

  • James Thomson
Health Department secretary Blair Comley.

Health chief invokes ‘AFR test’ in proposal writing overhaul

Blair Comley has applied what he calls “the AFR test” as he pushes executives in his federal health department to write and think more clearly.

  • Tom Burton