Major GP corporate could be sold for $1 billion: report
ForHealth was bought up just four years ago for $500 million.
The GP corporate once known as Primary Health Care could be changing hands yet again — reportedly for $1 billion.
The clinic group established by Dr Ed Bateman back in 1986 was rebranded as Healius in 2018 and then sold to a private equity investor BGH Capital in 2020 for around $500 million.
The 70-odd practices now operate under the name ForHealth, contracting more than 1300 health practitioners across general practice, skin cancer, women’s health, occupational health and travel health clinics.
On Sunday, The Australian reported that BGH Capital could sell ForHealth to an overseas investor for up to $1 billion.
