This Month
‘You’re too nice’: How this chief executive proved her sceptics wrong
Telstra Health’s Elizabeth Koff, winner of the Financial Review Women in Leadership Awards Health category, says she was never ambitious growing up but had the courage to speak up.
Proxy advisers support Mayne Pharma deal as suitor tries to exit
US private equity backed pharmaceutical giant Cosette attempt to terminate its bid for Mayne Pharma is facing opposition from proxy advisers and activists.
Cosette terminates $672m Mayne Pharma deal as legal challenge looms
The private-equity backed American giant began reviewing the deal two weeks ago because of concerns about its target’s financial performance since it first bid.
TGA approves weight-loss drug to treat sleep disorder
The medicines regulator has approved Eli Lilly’s Mounjaro weight-loss drug to be used to treat sleep apnoea.
How specialist fees of $900 per visit are hurting private hospitals
Australians are paying hundreds of dollars to see a doctor that they cannot claim back on health insurance.
Healthscope chief Tino La Spina says Bupa takeover ‘over my dead body’
In a frank briefing with medical staff, the collapsed private hospital giant’s boss said former owner Brookfield had left with its “tail between its legs”.
May
Healthscope’s terminal prognosis could be just the start
Another eight private hospitals are earmarked for closure as the operator’s collapse raises questions about the business model.
Di Pilla grants Healthscope rent relief to keep hospitals open
The owner of 11 Healthscope hospitals says it has had expressions of interest for alternative operators.
Labor takes $27m stake in breakthrough eye biotech
Melbourne biotech PolyActiva says it hopes to be the next Cochlear by selling its eye drug dispensing system to millions globally.
From Redfern to the outback and back to the boardroom for NIB’s Welsh
Brad Welsh says his experience working with communities around the country helps him understand NIB’s customer base.
Hedge funds weigh up longer-term ownership of collapsed Healthscope
Polus Capital and Canyon Partners are considering whether they should tip money into the failed hospital operator amid questions about private equity ownership.
States demand assurances from Butler after Healthscope collapse
The future of the failed private hospital giant is partly in the hands of five Chinese state-owned banks and asset managers which control a fifth of its debt.
Healthscope lifeline to keep hospitals afloat amid buyer search
While the company says it has 10 prospective suitors, Health Minister Mark Butler has flagged that overseas private equity firms are unacceptable hospital owners.
Healthscope in critical condition as it fights to stave off receivers
The hedge funds that control its debt are pushing to place the country’s second-biggest private hospital operator in the hands of administrators this week.
Getting medicated has never been easier, and Canberra is worried
Online prescriptions – for everything from weight loss to medicinal cannabis – is now a big business backed by Woolworths and NIB. But regulation is coming.
Mayne Pharma shares crash after suitor Cosette threatens to walk
Shares in the drug company fell 30 per cent on Wednesday after its takeover suitor said there had been a material adverse change in its performance.
Monash IVF downgrades full-year profit outlook
Analysts blame Monash IVF’s profit downgrade on softer volumes industry-wide rather than an exodus of patients following its Brisbane embryo mix-up.
Bupa to open 60 mental health clinics in primary care push
The health insurer has set a course to become one of Australia’s biggest mental health providers within three years.
Australia moves towards a US-style health system - is that a good thing?
Private insurance funds already control some dental, optical and mental health clinics. Could hospitals be next?
Billionaire Chemist Warehouse scion cashes out a further $380m
Sigma Healthcare director Damien Gance has sold about two-thirds of his shares in the company for $800 million since its merger with Chemist Warehouse.