Day Hospital provider PresMed Australia (PMA) has entered a new phase of growth, acquiring a majority interest in Devonport Eye Hospital (DEH) in Tasmania. PMA has also taken a shareholding in North West Eye Surgeons (NWES) in Devonport and Burnie.
DEH, which opened in 2014, is a one-theatre ophthalmic specific day surgery with co-located consulting rooms.
Led by Dr Michael Haybittel since 1996, NWES has been servicing Tasmania’s north west community for over 60 years. The practice has four ophthalmologists and one Commonwealth-supported ophthalmic registrar along with a team of clinical and administrative support staff. Dr Haybittel will maintain an ongoing presence in the business and continue to be an active provider to the community.
The Tasmanian acquisition is PMA’s first purchase outside of NSW. PMA also has Chatswood Private Hospital, Epping Surgery Centre, Central Coast Day Hospital – Erina, Madison Day Surgery, MetWest Surgical, MetWest Eye Centre and Sydney Pain Day Surgery. Within the next year it will open a custom-built one theatre ophthalmic specific facility at Tuggerah, on the Central Coast of NSW.
PMA’s Chief Executive Officer, Roger Cronin said by coming under the PMA ‘umbrella’ DEH and other new acquisitions have access to many advantages.
These include access to PMA’s expert industry knowledge, group health fund negotiations, corporate buying power, clinical and corporate quality and risk management programs including accreditation, financial, and business acumen.
To support continued plans for expansion, PMA has partnered with Intermediate Capital Group.