Navigation Links
Medibank Private and HSA Join to Create Better Health Solutions

Both Medibank Private and Health Services Australia (HSA) have welcomed the Australian Government's announcement of plans to bring the two GBEs together.

Melbourne, VIC (PRWEB) February 27, 2009 -- Both Medibank Private and Health Services Australia (HSA) have welcomed the Australian Government's announcement of plans to bring the two GBEs together to create a national organisation providing health insurance and health services.

Both companies confirmed they had been exploring opportunities for some time and believe the amalgamation has benefits for the Government and customers, and strengthened the future of both organisations.

Medibank Private is the largest Australian-owned private health insurer with more than three million members under private health insurance and diversified travel insurance, life insurance, and pet insurance. HSA is one of Australia's leading providers of occupational and travel health services to government and corporate Australia. It operates services including health assessments, workplace health and injury prevention, rehabilitation case management and return to work programs.

Medibank Private Managing Director, Mr. George Savvides, said that joining the two government bodies made sense from a government and a consumer view point.

"The Government's reorganisation of Medibank Private and HSA creates a national integrated health services and insurance group that will allow an increased offering to our respective customers and more value for both companies," he said.

"HSA offers a professional health and medical workforce that undertakes health assessments and the management and prevention of workplace injury and illness. Medibank has developed a presence in workplace health and has moved to respond to the needs of its customers, and with the HSA capabilities will be able to further develop programs for Medibank Private workplace clients.

"The prospect of being able to offer a broader range of health services as a result of having the expertise and resources of HSA available internally will assist in the objective of improving the health of our three million customers," Mr Savvides said.

HSA Managing Director, Stan Macionis, said that bringing the companies together would enable them to better meet the health needs of their customers into the future.

"This positions both companies to offer a greater array of services to many more Australians," Mr Macionis said.

Beyond the immediate benefits of increased services for the Medibank and HSA customer base, the integration is a significant step in realising the potential of the reforms to private health insurance in Australia that came into effect in April 2007. The reforms have opened the door for private health funds to offer a broader array of services outside the hospital including chronic disease management and preventative health programs to members.

"The linking of Medibank and HSA is in line with industry direction in Australia and overseas, with several other health funds establishing strategic partnerships with health service providers," Mr Savvides said.

Following the merger, which is subject to final regulatory approvals, the two GBEs will continue to operate under their own names.

About Medibank Private:
Medibank Private is the largest Australian-owned provider of private health insurance covering more than three million people. Medibank Private offers health insurance to all Australians through retail and corporate products, as well as catering for overseas students and visitors.

Medibank Private has a 'Members Choice' network of contracted health providers consisting of over 449 private hospitals and day surgeries and 4,038 ancillary providers nationally. It has approximately 1,500 staff and 105 retail centres nationally, a national call centre and online access at

About HSA:
Established in 1997, HSA is a government-owned business and Australia's leading national provider of occupational and travel health services to government and corporate Australia.

HSA employs over 1200 staff, including doctors, nurses, allied health professionals and administration staff. HSA offers a unique mix of services in the areas of occupational health, prevention and injury management, travel health and health assessment. These services are delivered through three business lines -- Health for Industry, Work Solutions, and the Travel Doctor -- TMVC -- from 45 sites Australia-wide.

# # #

Read the full story at

Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. Heartline(R) Fitness Systems Named to Inc. Magazines Inaugural List of the 5000 Fastest Growing Private Companies in U.S....
2. IRIDEX Announces Closing of $5.0 Million Private Placement
3. Inc. Magazine Reveals Its 26th Annual List of Americas 500 Fastest-Growing Private Companies
4. Health Advocate Recognized by Inc. 500 as One of the Nations Fastest Growing Private Companies
5. UNH, state health agency, private industry and NASA to tackle Lyme disease
6. VirtualScopics Announces $4.35 Million Private Placement
7. Largest Privately-Owned Veterinary Practice in the World, Banfield, the Pet Hospital(R), Appoints New Chief Executive Officer
8. New York Times Exposes Harm to Seniors After Private Equity Buyouts of Nursing Homes
9. With the Largest-Ever Buyout of a National Nursing Home Chain Pending ... New York Times Exposes Harm to Seniors After Private Equity Buyouts of Nursing Homes
10. Nunez and Legislators Urged to Oppose Mandatory Purchase of Private Health Insurance
11. Diffusion Pharmaceuticals Announces Results of Phase I Human Trial of Lead Drug Candidate, Trans Sodium Crocetinate (TSC) and Completion of a $4.5 Million Private Placement
Post Your Comments:
(Date:11/24/2015)... ... ... Charitable giving is at its peak during the holidays. In fact, ... the year totalling over $358 billion in 2014. With more than 1.5 million ... individuals who want to “give back” during the holidays. , “With so many charities ...
(Date:11/24/2015)... ... November 24, 2015 , ... In an article ... variables that determine which patients are or are not eligible for bariatric surgery. The ... BMI over 40, are more than 100 pounds overweight, or have a BMI of ...
(Date:11/24/2015)... ... ... DMG Productions announced that they will feature Aphria, Inc., in an upcoming episode ... and show times TBA. , Aphria, Inc., is a publicly traded company incorporated under ... medical marijuana pursuant to the Marijuana for Medical Purposes Regulations (the “MMPR”). , Aphria ...
(Date:11/24/2015)... ... ... Preparing for the LDT Regulation:, CLIA Won’t Satisfy the FDA, Dec. ... has long asserted that design and manufacture of Laboratory Developed Tests (LDTs) falls under ... the device regulations. , Come up short in an inspection and the FDA can ...
(Date:11/24/2015)... ... November 24, 2015 , ... ... organization will waive paid entry and parking fees at several of their most ... Mountain in Great Barrington in support of REI’s Black Friday #OptOutside Campaign. The ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... Nov. 25, 2015 USP 800 applies ... preparations (e.g. pharmacists, pharmacy technicians, nurses, physicians, physician ... The chapter also covers all entities which store, ... hospitals, other healthcare institutions, patient treatment clinics, physicians, ... --> --> What is the ...
(Date:11/25/2015)... Nov. 25, 2015  Mindray Medical ... MR ), a leading developer, ... worldwide, today announced that it will ... of shareholders at the Company,s Hong Kong office ... Prince Edward West Road, Mongkok KL, Hong ...
(Date:11/25/2015)... 2015 Research and Markets ( ) ... - Global Forecast to 2020" report to their ... for 37.21% of the total market share in 2014. ... region is projected to growth at the highest CAGR ... primarily to the fast growing water, industrial gas treatment, ...
Breaking Medicine Technology: