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. ...
Forum Discussion
@Jenny_BCNA Thank you for informing us about BCNA's liasion with GenesisCare.
GenesisCare is a business. When undertaking due diligence it is beneficial to look beyond what can be corporate spin on a website, for third-party information. That's why I filtered Google search results by 'News' last weekend and learnt about the recent bankruptcy filing.
After reading your comment I refreshed my search and discovered today's (14 June 2023) Australian Financial Review article, which is the first Google search result - 'GenesisCare bankruptcy descends into Medicare overcharging'. Google 'GenesisCare' and filter the results by 'News'. The article is not behind a paywall.
Notable information includes:
'A key factor in the group’s future earnings potential will be how many doctors decide to stay with the company under new management. The Australian doctors are in the process of appointing their own adviser.'