I think you will find that there is a very high number of complaints to the HCCC arising out of the Primary Health model compared to most general practices. Since you are so closely related to Primary perhaps you could clarify their position in this regard.
"Retention rates continued to improve while HCP capital costs reduced significantly generating strong cash flow. " a non specific statement without meat.
"However the transition is taking longer than expected and has not yet translated into an uplift in Medical Centres’ profit performance with preliminary Underlying EBIT for FY 2017 of approximately $50 million (FY 2016: $72 million3 ). This has necessitated the impairment review of the carrying value of goodwill in Medical Centres." This reads to me as "we are failing"
I really cant see anything substantive in this release , it looks to me like they are trying to make a bad situation look good.
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