ASX falls 0.1pc; Qantas soars as NIB dives
ASX edges lower ahead of the release of US CPI data. Qantas rockets on profit beat, NIB sinks after raising, Elmo rockets amid Accel-KKR talks and Medibank hit by cyber attack.
Medibank
Millennials spur insurance gold rush for prized commodity
Pet insurance is changing and major funds see a gold rush opportunity as huge numbers of younger owners insist on top cover for their beloved animals.
Medibank partners with doctors to build hospital centre
Medibank will build a new $29.6m orthopaedic centre at Macquarie University Hospital in northwestern Sydney in partnership with a group of surgeons.
Medibank set to buy third hospital with $250m war chest
After securing a minority stake in East Sydney Private two years ago, Australia’s biggest health insurance provider is in the final stages of acquiring its third hospital.
Speed up reforms or risk spiralling premiums: Medibank
Health insurance premiums are at 20-year lows while participation has rebounded, defying pre-Covid-19 trends. But Medibank’s David Koczkar says the industry can’t grow complacent.
ASX lower; Xero, Blackmores, Transurban drag
ASX ends winning streak as Blackmores dives on results. MACA rejects NRW bid, IPH surges on Canadian play, Solomon Lew pushes for Myer seat and Xero dives on results.
ASX falls, but ends week up; Woodside jumps
ASX falls, but up for fourth straight week. Woodside leads energy advance, Bell Financial slashes dividend, IAG up on profit, Lake Resources dives and ResMed falls on result.
Working from home returns as Covid cases soar
Australia’s biggest businesses are introducing their own pandemic rules as the government handballs responsibility to the corporate sector.
Sigma appoints interim chair after Ray Gunston’s shock death
After Ray Gunston’s shock death at 64, Sigma has appointed former Healthscope and Medibank chief financial officer Michael Sammells as its interim chair.
Australia’s top health insurers return $1.6bn to members
Health insurers are returning hundreds of millions of dollars to members from surgery cancellations and other pandemic restrictions. Here’s how much you will get.
Private equity gives Medibank a check-up, but no deal
A group, thought to be a private equity firm, is believed to have made a recent approach to Medibank Private to buy its healthcare services business.
Medibank extends extra limits
Australia’s biggest health insurer will give its members another year to use unclaimed extras, extending its ‘Covid support’ to almost $500m.
Medibank in a healthy position for buyout bid
Those keen to find out the next major buyout proposal in the Australian market should pay close attention to the $8.7bn Medibank Private.
Funding showdown looms between Healthscope, Medibank
Bupa and Ramsay’s battle is threatening to spread as Healthscope warns health funds against striking ‘fair terms’ with hospitals.
Medibank scammer’s luxury spendings
The flashy lifestyle of a conman who swindled more than $100,000 from Medibank has been revealed in court.
Medibank says prostheses deal an admission of price gouging
Medibank chief executive David Koczkar says medical device companies have finally recognised Australians pay too much for prostheses.
Medibank to beef up virtual health with $10m play
Medibank plans to take a minority stake in Medinet to tackle Australia’s “disjointed health system” as it looks to invest in the booming virtual health arena.
Medibank to invest in third hospital to slash out-of-pocket costs
Despite opposition from Australia’s biggest private hospital groups, Medibank is taking stakes short-stay hospitals that offer ‘no gap’ payments.
ASX gains 0.1pc; Block rockets as Magellan falls
ASX rises slightly, but ends the week lower. Block surges on update, Magellan slumps, Incitec Pivot flags $US100m hit, Kogan dives on loss and Harvey Norman rebounds.
Medibank hospitals deal fails
A deal for Medibank Private to buy into Cura Group day hospitals is understood to have collapsed.
Medibank strikes deal to buy into Cura Group
The country’s largest private health insurer is increase its interests when it comes to private hospital ownership.
Medibank mandates jab for staff
Medibank has become the latest employer to mandate its staff get vaccinated against Covid-19.
‘Rewards’ will get us to 80pc: Medibank
Medibank says its strategy of securing stakes in hospitals is aimed at driving uptake of private health insurance and taking pressure off the public system.
ASX ends higher, WiseTech gains
ASX 200 closes up for the third day in a row on further gains in global risk assets. WiseTech shares soar, Afterpay down. Kerry Stokes to retire.
Medibank hands back the cash
David Koczkar knows that in the present climate it’s better to be offering discounts than ramping up fees.
Covid boost: Medibank to return $105m to customers
Two million Medibank policyholders are set to benefit from the handback of money saved as the pandemic limited claims.
Insurer hands out virus relief
One of the nation’s largest private health insurers will hand back millions of dollars to customers impacted by recent lockdowns.
New Medibank chief’s aim for affordability
Incoming Medibank chief executive David Koczkar will continue the health insurer’s strategy of acquiring strategic stakes in hospitals.
Medibank eyes Healthe Care
Medibank could be back on the acquisition trail and this time within its sights is thought to be the hospital operator Healthe Care.
Medibank looks at Ballantyne
A new name has emerged among the contenders for the chief executive role at Medibank — former Healthscope managing director Gordon Ballantyne.
Original URL: https://www.theaustralian.com.au/topics/medibank/page/8