{"id":3164,"date":"2022-11-05T11:04:57","date_gmt":"2022-11-05T11:04:57","guid":{"rendered":"https:\/\/regtechafrica.com\/healthcare\/?p=3164"},"modified":"2022-11-05T11:04:57","modified_gmt":"2022-11-05T11:04:57","slug":"global-medibank-private-mulls-mental-health-check-with-aurora-healthcare","status":"publish","type":"post","link":"https:\/\/regtechafrica.com\/healthcare\/global-medibank-private-mulls-mental-health-check-with-aurora-healthcare\/","title":{"rendered":"Global: Medibank Private mulls mental health check with Aurora Healthcare"},"content":{"rendered":"<p data-reader-unique-id=\"1\">Medibank Private is believed to mulling an investment in Australia\u2019s biggest specialist mental health providers, Aurora Healthcare, and adding it to the company\u2019s growing health services business unit.<\/p>\n<p data-reader-unique-id=\"2\">While the health insurer\u2019s board and management team deal with a serious cyber breach, multiple industry sources have told Street Talk that Medibank\u2019s thinking about a minority stake in Aurora and a potential investment alongside the target\u2019s owner, China\u2019s Luye Medical Group.<\/p>\n<figure data-pb-type=\"im\" data-reader-unique-id=\"4\"><picture data-reader-unique-id=\"5\"><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_220%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267, https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_440%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1,&quot;type&quot;:&quot;square1x1&quot;,&quot;width&quot;:220,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_220%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_440%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x&quot;]}\" data-reader-unique-id=\"6\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_240%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267, https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_480%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1,&quot;type&quot;:&quot;square1x1&quot;,&quot;width&quot;:240,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_240%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_480%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x&quot;]}\" data-reader-unique-id=\"7\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_240%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267, https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_480%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1,&quot;type&quot;:&quot;square1x1&quot;,&quot;width&quot;:240,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_240%2Cq_88%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.072%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0\/t_crop_custom\/c_scale%2Cw_480%2Cq_52%2Cf_auto\/d5bde459680548ac37b7c9dd77af5f53d82d3267 2x&quot;]}\" data-reader-unique-id=\"8\" \/><\/picture><\/figure>\n<p data-reader-unique-id=\"13\">Sources said the deliberations had gone as far as Medibank\u2019s boardroom, in a sign that its interest is more than spitballing options, and comes as the insurer has made a concerted effort to invest in related service providers in recent years.<\/p>\n<p data-reader-unique-id=\"14\">Aurora was created a couple of years ago, when Luye restructured Healthe Care and its speciality services business in Australia, and the Novena Heart Centre and OncoCare Cancer Centre in Singapore.<\/p>\n<p data-reader-unique-id=\"15\">Aurora was designed to be the Australian mental health, rehabilitation, specialty medical and community services provider, with a portfolio of 16 private hospitals and community services. Its services include the 104-bed private mental health Currumbin Clinic on Queensland\u2019s Gold Coast, and has 1000 mental health beds in total to make it Australia\u2019s largest specialty private mental health provider.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Medibank Private is believed to mulling an investment in Australia\u2019s biggest specialist mental health providers, Aurora Healthcare, and adding it to the company\u2019s growing health services business unit. While the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[73,80],"tags":[],"class_list":["post-3164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/regtechafrica.com\/healthcare\/wp-content\/uploads\/2022\/11\/EFB5C6B3-A635-403D-BA6B-0F1ABE9AFFB6.jpeg?fit=739%2C415&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/comments?post=3164"}],"version-history":[{"count":1,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3164\/revisions"}],"predecessor-version":[{"id":3166,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3164\/revisions\/3166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media\/3165"}],"wp:attachment":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media?parent=3164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/categories?post=3164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/tags?post=3164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}