Budget changes hit pathology stocks

Sonic Healthcare and Primary Health Care shares have fallen more than 4% and 6% respectively after the Federal Government proposed to cut healthcare funding in its latest budget. There are two major changes that could negatively impact Australia’s largest pathology labs (see Sonic and Australia's newest duopoly from 11 Dec 13 (Hold – $15.85)). The first is a proposed $5 reduction in Medicare Benefits Schedule rebates for visits to your GP. The second is a mandatory patient co-payment of $7 for bulk-billed visits. The effect of these changes is expected to be a small reduction in GP visits and, consequently, pathology...

Sonic Healthcare and Primary Health Care shares have fallen more than 4% and 6% respectively after the Federal Government proposed to cut healthcare funding in its latest budget.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles