Government healthcare reviews and rhetoric about wasted spending and pointless treatments have spooked doctors and their patients, who are shying away from hospital procedures and crimping growth for private hospitals.
The slowing growth in surgeries, as shown by Medicare data, has been confirmed by three of the biggest non-profit private hospital operators and is set to fuel investor concerns about listed companies Ramsay Health Care and Healthscope.
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
