Healthscope rejects Primary Health bid for Symbion Health assets

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Healthscope, the private healthcare operator that owns or manages 45 hospitals in Australia, rejected a proposal from healthcare service provider Primary Health Care, which bid $2.8 billion AUS ($2.3 billion U.S.) for Symbion Health’s New South Wales and Victoria pathology assets.

The Parkville, Australia-based Healthscope acquired Symbion Health’s pathology, medical centers and diagnostic imaging businesses in August.

Healthscope reported that the proposal from the New South Wales-based Primary Health was “unsolicited” and “unacceptable.”
Bruce Dixon, Healthscope’s managing director, said that Healthscope has no intention of entering into any discussion or deals with Primary Health in the future.