Primary needs more GPs says the corporate's boss

Primary Health Care has issued a profit warning, blaming it partly on a shortage of GPs as well as the Medicare rebate freeze.

In a statement this week, managing director Peter Gregg says he expects the corporate’s underlying net profit in 2016 to be 5% lower than last year’s results.

Medical centres had started the year with lower-than-expected healthcare practitioner numbers and they were also suffering flat revenue growth because of the freeze on Medicare rebates.

While health practitioner numbers were now "ahead of expectations", Mr Gregg stressed the company aimed to drive