Quarterly Insights: Australian Healthcare Equipment and Services March 2019
PKF Melbourne Corporate Finance is pleased to present the Healthcare Equipment and Services Insights for the March 2019 quarter, including a review of key mergers and acquisitions activity in the industry.
Our quarterly release serves as a preface to the insights and observations that we can provide to drive business value and achieve a successful transaction.
The Healthcare Index is comprised of companies involved in the manufacturing and distribution of healthcare equipment and supplies, providers of healthcare services and operators of healthcare facilities. The Index provides a broad measure of the performance of the Australian healthcare industry.
The Healthcare Index experienced a growth of 16.68% over the 12 month period from April 2018 to March 2019 and a growth of 5.51% for the March 2019 quarter. The Healthcare Index was outperformed by the ASX for the March 2019 quarter.
Key deal activity in March 2019 quarter
PKF Melbourne Corporate Finance has observed the following key healthcare transactions announced during the March 2019 quarter.
¹35% stake acquisition
²84.07% stake acquisition