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Michael Smith

This Month

Once the domain of celebrities and influencers, it seems like everyone is now jumping on the Ozempic bandwagon.

We’ll all be taking Ozempic-type drugs ‘like we do daily vitamins’

Doctors say they have not seen anything like this since the emergence of statins to lower cholesterol. But do we know enough about the long-term impact?

Health insurers warn of closures without 6pc premium hike

Health funds have asked Labor to allow big premium rises as the amount they charge policyholders is not keeping pace with healthcare inflation.

Rachel David Private Healthcare Australia CEO at The Charles Restaurant, Sydney CBD.

The woman defending the industry everyone loves to hate

Private health insurers are being derided all around, but their chief lobbyist, Rachel David, insists they make our medical system the envy of the Americans and British.

NIB Health Insurance CEO Mark Fitzgibbon retires at the end of the month.

Health insurer NIB warns profit to fall up to 10pc as NZ claims soar

The company’s admission comes a day before submissions are due to the federal government about premium increases for the coming year.

  • Updated
Healthscope chief executive Greg Horan.

Brookfield’s Healthscope secures extension on $1.6b debt

The private hospital operator has been given more time from its lenders to secure extra funding from insurers as costs mount.

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Shareholders have approved NIB Health Insurance CEO Mark Fitzgibbon’s pay increase, but hospitals want a bigger share of insurers’ profits.

Health insurer salaries in the spotlight as premiums climb

The salaries of Australia’s big health insurance bosses are rising with their profits.

Dr Nick Coatsworth has dismissed speculation he wants to be a Liberal MP.

GP referrals to be axed under proposed health shake-up

Patients could skip a visit to their GP when obtaining referrals to some specialists under the recommendations of Labor’s inquiry into the healthcare system.

Geoff Rohde - the first patient at St Vincent’s Hospital Melbourne and in the Asia-Pacific region to undergo microsurgery using the Symani robotic technology.

Robots in the operating room allow surgeons to ‘push the boundary’

A robot surgeon performing complex microsurgery at St Vincent’s Hospital in Melbourne is patching up cancer patients in a first for the Asia Pacific region.

Then NSW Premier Gladys Berejiklian and Chief Health Officer Kerry Chant at one of their daily press conferences during the pandemic.

How to avoid harsh lockdowns in the next pandemic

Politicians were the information gatekeepers in Australia during the economically crippling lockdowns of 2021, but scientists have a better idea.

Federal Health Minister Mark Butler says private hospitals must sort out their own mess.

Private hospitals warn of more closures after Labor refuses bailout

Health Minister Mark Butler has told struggling private hospital operators to sort out their own problems and resolve differences with insurers.

October

Healthscope CEO Greg Horan said he had no choice but to charge extra patient fees for Bupa members to keep hospitals viable.

Healthscope vows to terminate Bupa deal if it does not accept fees

Healthscope has written to Bupa asking it to amend its contract to let it slug members with extra hospital fees.

Shareholders raised concerns about CSL Paul McKenzie’s long-term incentive payments at the company’s AGM on Tuesday

Investors turn on CSL, delivering first strike on pay after poor year

But the company told shareholders it needed to compete with major rivals in the US for talent, and had to pay higher salaries to keep key executives.

Private hospitals says they are under considerable financial pain, as they pay for higher wages and bigger medical expenses.

Healthscope to slug Bupa members $100 extra for hospital stays

Six million Australian health fund members will be forced to pay higher charges to use the services of the country’s second-largest private hospital group.

Private health insurers are split on how to respond to NSW government pressure to pay higher bed rates.

Insurer HCF bows to NSW pressure on hospital bed rates

Insurers say they are being held hostage by the NSW government which is threatening to hike taxes if they do not pay more to use public hospital beds.

Telix co-founder and CEO Christian Behrenbruch says Australia lags the world in getting drugs to patients.

Telix boss says Australia ‘horrible’ at getting drugs to patients

Christian Behrenbruch, the founder of ASX biotech giant Telix, says Australia has a “horrible” track record getting drugs to patients and lags rest of the world.

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Res-Med chief executive officer Mick Farrell says he is not concerned about weight loss drugs shaking up his business.

ResMed downplays Ozempic disruption fears as sales beat forecasts

Chief executive Mick Farrell says the company has only scratched the service in global demand for sleeping disorder devices.

Federal Health Minister Mark Butler says he will consider cost of living pressures when insurers ask for premium hikes.

Labor hints it will not back steep rise in health insurance premiums

Health Minister Mark Butler says insurers seeking premium increases may be asked to “sharpen their pencils” as cost-of-living pressures bite.

Sue Corbet’s statement on mental health: Crouching, Thinking, Launching.

The mental health crisis gripping Australia’s private hospitals

Some health insurers say stand-alone mental health hospitals are unlikely to exist in 10 years’ time given the challenges they face.

Ramsay Healthcare Australia CEO Carmel Monaghan is not ruling out more fights with insurers over funding disputes.

Ramsay calls for insurance shake-up as hospital bailout hopes sink

Ramsay Health Care says it is not expecting the federal government to bail out loss-making hospitals.

CSL’s research and development chief Bill Mezzanotte says the company has shelved development of three treatments.

CSL pulls studies, trials on three therapies in late-stage setback

The biotech giant has not ruled out expanding its pipeline of treatments through acquisitions after a number of projects were put on hold.

Original URL: https://www.afr.com/by/michael-smith-j7geb