Primary wields axe

November 12, 2010

PRIMARY Health is set to close the former Symbion head office in Melbourne, as part of a range of cost cutting measures which will see the full consolidation of corporate shared services across the business. In a share market update this morning ceo Ed Bateman said that the company’s GP division had seen “unusually subdued growth” in patient attendances for FY2010, but this now appears to have been reversed with a 10% increase in year on year revenue for the four months to 31 Oct. Bateman said Primary plans to open a further two large scale medical centres by 30 Jun 2011, adding to its current 54. Other cost cutting measures include a rationalisation of Primary’s diagnostic division which will see 23 sites close (mostly in Queensland) and the loss of about 300 full time jobs.

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Pharmacy Daily | Primary wields axe

Primary wields axe

Other recent headlines

Scope review revealed

Aged care report approved

SA expands 24/7 access

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES