Chanticleer
Banks sign off on healthcare group Healius’ long fall from grace
What happens after a strong founder leaves a company? Big healthcare group Healius is a cautionary tale.
Healius needs to wake up from its trip to the corporate emergency room and somehow turn it into a life-changing moment for good.
This once great healthcare company, built by Ed Bateman to dominant positions in Australian pathology and radiology, has squandered its years of defensive earnings and COVID-era rivers of gold so badly that it got lenders offside and needed to be bailed out by shareholders.
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