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How Will Medibank’s $159M Better Medical Buy Transform Primary Care?
8:03am on Wednesday 5th of November, 2025 AEDT
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Healthcare
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How Will Medibank’s $159M Better Medical Buy Transform Primary Care?
8:03am on Wednesday 5th of November, 2025 AEDT
Key Points
Acquisition of Better Medical network spanning Victoria, Queensland, South Australia, Tasmania
Deal valued at around $159 million, funded from existing capital
Better Medical expected to deliver $6 million EBITDA in first half of FY26
Acquisition complements Medibank’s Amplar Health and Myhealth Medical Group holdings
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Medibank Private (ASX:MPL)
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