Health stocks to win from budget’s tick for bulk-billing in Australia

According to The Australian Financial Review, the $3.5 billion bulk-billing plan to improve GP access with no out-of-pocket costs for 11.6 million people was a centrepiece announcement of Treasurer’s second budget recently.
Under the scheme, doctors will be paid three times as much to bulk-bill families with young children, pensioners and concession cardholders. A lack of bulk-billed appointments has put primary healthcare out of reach for this priority group, especially in poorer communities, according to research from the Grattan Institute.
Listed companies Sonic Healthcare, Healius, Australian Clinical Labs, Integral Diagnostics and Capitol Health were likely to profit from the plan, Mr Wong-Pan told clients in a report.

https://www.afr.com/companies/healthcare-and-fitness/health-stocks-to-win-from-budget-s-tick-for-bulk-billing-20230510-p5d77a