Business
Here’s why the Medibank (ASX:MPL) share price is edging higher today
The Medibank Private Ltd (ASX: MPL) share price is edging higher on Friday after the release of an announcement.
At the time of writing, the private health insurance company’s shares are up 0.5% to $3.04.
What did Medibank announce?
This morning Medibank announced that is strengthening its focus on preventative health and doctor-led partnerships through the acquisition of a non-controlling 33.4% economic interest in the Myhealth Medical Group.
According to the release, Myhealth is a leading operator of primary care clinics. It was founded in 2007 and delivers more than 2.5 million patient consultations each year.
The release notes that Myhealth is growing very quickly and has tripled its number of clinics over the last five…
-
General20 hours agoThree players sin-binned as Australia win torrid second Test 14-4 over England to retain Ashes
-
Noosa News14 hours agoDo the Queensland government’s claims about the surgical waiting list stack up?
-
Noosa News12 hours agoClean-up begins in south-east Queensland after homes, cars damaged by giant hailstones
-
Noosa News10 hours agoSouthern NSW summer crops shrink amid water shortages