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Healthcare

Yesterday

Science now suggests that it is possible to lose weight rapidly in a safe fashion.

Are you overweight or obese? Depends on where you carry your fat

European experts have developed a new framework to modernise the staging, diagnosis and management of obesity.

  • Jill Margo
Private equity firm Crescent Capital Partners owns National Dental Care, which has been sinking its teeth into dozens of dental practices and now owns 34 of them in Australia's $9 billion dental sector.

Forced smiles: Crescent Capital, Genesis get their fangs out

Pacific Smiles has been in a holding pattern since the dispute broke out.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This Month

Dr Shrey Viranna

I-MED snaps up US teleradiology player StatRad

Aussie imaging giant I-MED is hoping to recreate its fast-growing teleradiology business in the US with a major acquisition.

  • Tess Bennett
Joshua Suntup, the founder of NDIS software start-up Caresquare, and investor Michael Frazis.

Frazis unveils venture capital fund, makes first investments

The Gen Y tech investor has nabbed stakes in a dozen start-ups in tech, health and e-commerce, thanks to $10 million raised from wealthy investors.

  • Tom Richardson

June

Humans typically struggle to see patterns in complex high-frequency transactions, but computers can be trained to identify networks and suspicious transactions.

Why people with cancer don’t get the full benefit of clinical trials

Australian researchers say regulators should mandate the requirement to share data.

  • Jill Margo
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The nurses union has said that the government must pay higher wages to attract nurses and midwives back to the profession.

Nurses identify ‘$1.2bn’ in savings for 15 per cent pay rise

Deloitte’s report for the NSW nurses’ union found the state government may have missed out on more than $3 billion in Commonwealth funding due to inaccurate data.

  • David Marin-Guzman
Integral Diagnostics CEO Ian Kadish.

Radiology’s AI future and deregulation help end years of bad blood

The No.1 player in an industry sets the tone. And in radiology, the tone is deals, deals, deals.

  • Anthony Macdonald
Ian Kadish, the chief executive of Integral Diagnostics, will lead the merged group.

Integral Diagnostics dealmaking creates $1b diagnostics giant

The company has proposed a merger with its smaller rival, Capitol Health, creating the largest pure-play diagnostics imaging group on the ASX.

  • Kylar Loussikian
The debate on the pressures on private hospitals ignores the fact that many new facilities are opening their doors.

The bottom line is private hospitals are evolving, not collapsing

The government’s “financial health check” review should kick-start a conversation about innovation and the fate of some old, inefficient facilities.

  • Matthew Koce
Telix chief executive Christian Behrenbruch had hoped to tap deeper pools of capital in the US.

Telix pulls $300m Nasdaq IPO as investors demand deep discount

The cancer treatment hopeful had announced plans to list in New York only last week as it searched for more capital. On Friday, it withdrew from the initial public offering.

  • Kylar Loussikian
Health Minister Mark Butler’s department will finish its “health check” on private hospitals in August.

Private hospitals open books for urgent ‘health check’

Health Minister Mark Butler has launched an urgent review into the $22 billion private hospital system.

  • Tom McIlroy
The co-founders of Chemist Warehouse, Jack Gance and Mario Verrocchi, have built some of the largest retail media assets in Australia.

Inside Chemist Warehouse’s $600m money spinner

It has nothing to do with medicine. Instead, its advertising business – retail media – spans everything from an in-house ad agency to television and radio.

  • Carrie LaFrenz and Sam Buckingham-Jones
Laura Deeming

Cryogenic start-up focuses on thawing the frozen waiting for a cure

A former child prodigy is working on ways to ensure that bodies can be revived when the time is right.

  • Ashlee Vance
Aengus Tran, co-founder and CEO Harrison.ai at AFR’s 2024 AI summit.

Sonic Healthcare-backed Harrison.ai boots up $100m-plus Series C raise

Harrison.ai’s management team has commenced discussions with a handful of potential investors regarding the cash call.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Andy Penn, former Telstra CEO, will assist TPG Capital in its new economy and cyber bets out of the new $1.5 billion Asia fund.

TPG hires industry heavy hitters for $1.5b fund; eyes 3.2-times money

Former Telstra chief executive Andy Penn has signed up to lead the $1.5 billion TPG Emerging Companies Asia Fund’s efforts in new economy and cyber sectors.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Qualitas Health’s Australian network includes the Bondi Junction Medical Practice. 

Qualitas Health doctors in management buyout talks; $250m deal tipped

Qualitas’ doctor-shareholders went through a few rounds of talks with Michael Alscher’s healthcare-focused Crescent Capital Partners but failed to agree on terms.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Dan Collins founded GenesisCare in Brisbane.

GenesisCare’s valuation shrinks to less than $500m after bankruptcy

Once a global cancer services giant, the company’s new owners are buying back shares from local backers for just $0.000186 as the business is restructured.

  • Carrie LaFrenz
Crescent Capital partner and healthcare specialist Daren McKennay has made the firm a bit of money with investments like LifeHealthcare.

Crescent Capital set to take radiology business off The Growth Fund

Crescent Capital, which claims to be the country’s most active private equity manager in healthcare, has secured exclusivity.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Immutep chief executive Marc Voigt says there is a pathway to approval for the company’s lung cancer treatment by 2027.

Immutep raises $100m and signs with Merck on ‘blockbuster’ drug

Shares in the oncology therapy hopeful have risen some 45 per cent in the last 12 months as the company nears the commercialisation of its drug, Efti.

  • Kylar Loussikian

May

Fisher & Paykel Healthcare chief executive Lewis Gradon.

Fisher & Paykel leaves pandemic behind as respirator demand grows

Earlier this year, Vertium Asset Management’s Jason Teh put the New Zealand-based group on his list of turnaround prospects. Issues at its rival are helping.

  • Kylar Loussikian

Original URL: https://www.afr.com/topic/healthcare-5y6