Private equity firm buys Healius' GP practices for $500 million

Doctors are being told their terms and conditions are not expected to change

One of Australia’s biggest corporates has sold its GP practices in a $500 million deal with a private equity firm.

Dr Malcolm Parmenter.

Healius currently has contracts with around 1155 GPs across 69 general practices.

The deal with BGH Capital was announced to the stockmarket this morning.

It includes dental services and the company's Health & Co