Nov 24, 2017 Last Updated 3:11 PM, Nov 24, 2017

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ACCC raises concerns over Wollongong Day Surgery acquisition

AusBN – Concerns have been raised by a competition regulator over Ramsay Health Care’s acquisition of Wollongong Day Surgery.

The Australian Competition and Consumer Commission (ACCC) believes that the merger could cause an increase in prices for patients and a reduction in the quality of the healthcare services available.

ACCC chairman Rod Sims said: "The ACCC is concerned that the proposed acquisition is likely to substantially lessen competition in the supply of day surgery services to private health funds and the Department of Veteran Affairs.

"The ACCC is also concerned that the proposed acquisition is likely to substantially lessen competition in the supply of day surgery services to patients in Wollongong, which may increase prices for uninsured patients or reduce the quality of facilities and/or services available to doctors and patients."

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