PHG 0.00% 46.5¢ pulse health limited

March 23 (Reuters) - Australian Competition and Consumer...

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    March 23 (Reuters) - Australian Competition and Consumer Commission:

    • Decided not to oppose Healthe Care Australia's proposed acquisition of Pulse Health
    • Found although Mayo and Forster are only private hospitals in Forster-Taree region, 2 hospitals do not compete closely to attract doctors and patients
    • ACCC's review also considered potential for Healthe Care to use acquisition of Pulse to increase bargaining power in negotiations with private health insurance funds

    Source text: (http://bit.ly/2o6mLmh)

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