Southern Cross reveals acquisition

Move to broaden service offering, says firm
Southern Cross reveals acquisition
INSURANCE NEWS
By Krizzel Canlas
05 Sep 2018

Southern Cross has announced that it has acquired half of MedPro Healthcare.

The acquisition is part of the business’ plan to broaden preventative care offering by expanding to workplace-based healthcare services.

“MedPro has an excellent reputation and is a brand trusted by many employers throughout the country,” Southern Cross Hospitals CEO Terry Moore said. “Together, we will seek to enhance and expand the workplace health services MedPro already provides.”

MedPro CEO Bella Winter, meanwhile, is confident the partnership is a positive step for its clients.

This is the second acquisition for Southern Cross Hospitals. Two years ago the business purchased a 50% share of high quality physiotherapy and rehabilitation provider TBI Health. TBI’s services are provided in private hospitals, to District Health Boards (DHBs), Accident Compensation Corporation (ACC) patients and in residential care homes and workplaces.

Southern Cross Hospitals and Southern Cross Health Society are two of the five businesses in the Southern Cross Healthcare Group.

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