Investor Presentaiton
Our health investments
Target
markets
Investments
Ownership interest (%)
Myhealth Medical Holdings Pty
Ltd
49%
Primary care
Medinet Australia Pty Ltd.
3.85%
Calvary Medibank JV Pty Ltd
50%
Homecare
East Sydney Day Hospital Pty
49%
Ltd
Adeney Private Hospital Pty Ltd
49%
Hospitals,
including short
stay
SydOrtho Holdings Pty Ltd
(holding company) supporting
MQ Health to establish a
surgical facility
50%
Integrated Mental Health Pty
Ltd (iMH)
50%
.
Description
medibank
Benefits to Medibank
Medibank acquired a non-controlling interest in Myhealth Medical
Group for c. $63m in 2021
Medibank invested $10m in health tech company Medinet in 2022
and has 28.5% of the voting rights
Medinet provides platform helping GPs to connect with their
patients
Since 2020, the JV has been providing My Home Hospital program
for Wellbeing SA and COVID Care At Home in a number of states
Medibank's initial investment of $8.8m in 2020 to fund capital
investment and operational costs required for the hospital to scale
its short stay model of care
The JV between a group of doctors and Medibank will establish a
new short stay surgical facility in Kew Melbourne
Medibank's contribution to date is $6.2m, with a further
commitment of $2.8m, totalling $9m
Expected to open in mid 2024
Medibank invested $1.5m (with a total commitment of $14.8m) in
2022 to establish a JV with orthopaedic surgeons to support the
establishment of an orthopaedic surgical centre at Macquarie
University Hospital
MQ Health is contributing the floor space, with the centre to operate
as an integrated part of the hospital
A JV with Aurora Healthcare to deliver an innovative integrated
mental health model that extends hospital care to incorporate
additional support services in home and community settings
The JV will initially invest $31m into three hospitals delivering a
combined 153 new mental health beds and comprehensive out-of-
hospital support
Support preventative health and GP-
led proactive care management
Continue to grow our virtual care
capabilities
Continue to grow our homecare
capabilities
Expand our hospital investments
12View entire presentation