GP corporates warn of ‘catastrophe’ as bulk-billing becomes unsustainable
Shrinking margins and the collapse of Tristar have meant traditional rivals now have a united front
The major GP corporates are warning of a disaster in primary care, saying their margins have shrunk from 13% to 5% in just four years despite more GPs charging gap fees.
The Primary Care Business Council — their new lobby group — says bulk-billing is already on a downward spiral across its eight member corporates, falling from 74% of standard consultations in 2019 to 62% last month.
