Health: Who’s buying up our GPs … and why?*

When astute investors like Kerry Packer and Richard Pratt buy into the health care industry, the commercialisation of medicine can no longer be ignored. Bob Browning explains.A recent sign of the times was the move by Kerry Packer’s Australian Consolidated Press, Richard Pratt’s Thorney Investments, the Rank Merchant Bank, and Colonial First State to deal themselves into what the Australian Financial Review called the corporatisation of Australia’s health care industry.By putting $75 million int…

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