Primary Health Care (PRY)

Shares / Stock Code

PRY

Stock Exchange / Sharemarket

ax

Primary Health Care (PRY) operates in the healthcare industry. It is a market leader in the provision of healthcare technology solutions to medical practitioners, medical practices and hospitals. The Company is providing an extensive range of medical and healthcare related services through its network of medial and pathology centres in Australia. Primary Health Care listed on the Australian Stock Exchange on 3rd July, 1998.

PRY has four operating divisions: medical centers, pathology, diagnostic imaging and health technology. Its medical centers segment offers services and facilities to general practitioners, specialists as well as to other healthcare providers, who carry out their own practices and businesses at its medical centers. PRY operates 87 medical centers and it is a leading Australian medical centre operator, with operations held throughout Australia except Tasmania and the Northern Territory. Its diagnostic imaging segment includes the provision of imaging and scanning services from imaging sites and from within the Company’s owned medical centers. PRY operates 161 Diagnostic imaging sites in New South Wales, ACT, Victoria, South Australia and Queensland which is the second largest diagnostic imaging network by revenue in Australia. Pathology segment includes the provision of pathology services. The Company has the largest pathology business across Australia by number of collection centres, with 87 pathology labs and 782 collection centres. Its health technology segment focuses on the development, sale and support of health related software products.

On 19 August, 2008, PRY sold its Symbion’s Pharmacy business to Zuellig Australia Pharmacy Services Pty Ltd and sold its Symbion Consumer business to sanofi-aventis Australia Pty Ltd in September 2008.

Primary Health Care History

The Company’s history traced back to the late 1970s when Dr Edmund Bateman founded a general practice at Manly. Bateman later established Primary Health along with opening a second centre at Chatswood. The Company became listed on the Australian Stock Exchange on 3 July 1998. Following listing, the Company has opened a number of additional centres and has expanded into pathology and related services businesses. In March 2008, PRY acquired Symbion.