Forum Discussion
GenesisCare filed for bankruptcy on 01 June
I was diagnosed last month with early BC and live in Sydney. I was offered radiation at a public hospital (free treatment, with a waitlist) or immediate access to a private GenesisCare facility. ...
Hi Cath62, I don't have an AFR subscription either. I Googled "GenesisCare" and then selected the 'News' filter.
The AFR article was the first search result. I clicked on it and was able to read it freely. I've read it several times since, without a subscription. The article is dated 09 June.
The Wall Street Journal published an article on 25 May that GenesisCare was preparing to file for bankruptcy. That article was the second search result but it's behind a paywall so I couldn't read it. There are lots of news articles from the past year or so that report GenesisCare's financial problems.
The bankruptcy presents the scenario of new investors or a new overall owner. For me, this poses privacy issues. If I'm treated at a public hospital, I'm reasonably assured of the privacy protocols inherent in the health system. GenesisCare has global operations (Australia, USA, UK, and Spain) so I am concerned about where its servers holding patient records are located, and where patient records will be held in the future. Servers can be anywhere in the world unless there are strict requirements that patient records must always be held domestically and can't be transferred to overseas servers.
One of GenesisCare's biggest investors is Kohlberg Kravis Roberts (KKR), a giant American investment company.
The AFR article was the first search result. I clicked on it and was able to read it freely. I've read it several times since, without a subscription. The article is dated 09 June.
The Wall Street Journal published an article on 25 May that GenesisCare was preparing to file for bankruptcy. That article was the second search result but it's behind a paywall so I couldn't read it. There are lots of news articles from the past year or so that report GenesisCare's financial problems.
The bankruptcy presents the scenario of new investors or a new overall owner. For me, this poses privacy issues. If I'm treated at a public hospital, I'm reasonably assured of the privacy protocols inherent in the health system. GenesisCare has global operations (Australia, USA, UK, and Spain) so I am concerned about where its servers holding patient records are located, and where patient records will be held in the future. Servers can be anywhere in the world unless there are strict requirements that patient records must always be held domestically and can't be transferred to overseas servers.
One of GenesisCare's biggest investors is Kohlberg Kravis Roberts (KKR), a giant American investment company.