Primary Health Care under investigation

Ask any doctor and they’ll have an opinion: Primary Health Care (ASX: PRY) is either a medical miracle or dangerous sausage factory. Either way, the company is now being investigated for potentially putting profits ahead of patients. Edmund Bateman, Australia’s richest doctor and worth close to $500m, built Primary Health Care from a single Sydney practice to a $2.4bn network of medical centres because he was among the first to see the potential for 24-hour bulk-billing clinics to bring down the cost of healthcare. Indeed, Primary's clinics have made a visit to the GP more affordable and more convenient, despite ballooning...

Ask any doctor and they’ll have an opinion: Primary Health Care (ASX: PRY) is either a medical miracle or dangerous sausage factory. Either way, the company is now being investigated for potentially putting profits ahead of patients.

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