Business
Hospital operator getting auction-ready: reports
Private hospital operator Healthscope is preparing to be sold after ballooning debt, sources say Australia’s second-largest private hospital operator is reportedly getting closer to a sale after most of its …
Sigma to join ASX50 as Ramsay drops out
Stock market rebalancing sees wholesaler named among Australia’s top 50 biggest listed companies Sigma Healthcare will officially join the Australian Securities Exchange (ASX) 50 on Monday 24 March 2025 following …
ParagonCare lifts pharmacy sales
Healthcare supplier ParagonCare has grown its profit and revenue in the first half of the financial year and updated the market on its “transformational” merger with fellow distribution company CH2 …
How quickly is Chemist Warehouse growing?
Sigma Healthcare has shared Chemist Warehouse’s expansion plans, telling investors the retailer expects to keep pace with its five-year average of 33 store openings a year In the first half …
Sigma backer encircles troubled hospital operator
David Di Pilla’s HMC Capital is reportedly getting closer to a takeover of beleaguered private hospital operator Healthscope, which has missed rental payments on 11 of its hospitals In its …
Pharmacy revenue boost for Ramsay
Hospital and health service operator Ramsay Health Care has reported an 11.6% increase in pharmacy revenue in the first six months of the financial year The diversified company, which operates …
‘Wait-and-see’ on RFK Jr’s vaccine impact: MedAdvisor
Software business MedAdvisor Solutions indicated it’s not “currently” expecting to take a hit from the new US health secretary’s vaccine sentiment, but it’s “somewhat of a wait-and-see” exercise It comes …
TWC notes changing landscape; grows store footprint
The executive general manager of TerryWhite Chemmart (TWC) said the evolving community pharmacy landscape will face a “defining moment” in the next few years, as the group added 52 new …
Consumer focus boosts Wesfarmers
Priceline shines for Wesfarmers while wholesaler deal could give gloss to sluggish API, reports Mike Taylor While most of the attention since the beginning of 2025 has been on the …
‘Use AI, but don’t rely on it for everything’
A leading pharmacist says it’s “inevitable” that AI will soon change the face of pharmacy practice, but argues that the “human touch has to remain” Associate Professor Betty Chaar is …
Wholesale costs offset Priceline growth
Wesfarmers reports mixed results for healthcare division Higher than anticipated supply chain costs have offset growth in Wesfarmers Health portfolio, the company says. Announcing its results for the first …
PharmX outperforms forecasts
Pharmacy ordering platform service PharmX reports “strong start” to 2025 financial year PharmX is reporting a 17% jump in revenue for the first half of FY2025 compared to the prior …