Acurity Health expects subdued demand to continue into 2014, Isaac says

Fri, 09 Aug 2013

By Tina Morrison Aug. 9 (BusinessDesk) – Acurity Health Group, the private hospital operator formerly known as Wakefield Health, expects weak demand for private sector health care to continue in the current financial year. Acurity’s net profit fell 2.3 percent in 2013 after private patient revenue, which makes up about 70 percent of total patient revenue, fell 1.4 percent as a sluggish economy prompted people to cancel or lower their private health insurance coverage and there was only small growth in Accident Compensation Corp and District...

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