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Home Business

Cura hospital network grows with PresMed acquisition

by Staff Writer
December 2, 2024
in Business, Company updates & acquisitions, Local, News, Ophthalmic Careers, Private ophthalmology clinics
Reading Time: 2 mins read
A A
Chatswood Private Hospital in NSW is one of seven facilities that Cura group has picked up in its acquisition of PresMed. Image: PresMed.

Chatswood Private Hospital in NSW is one of seven facilities that Cura group has picked up in its acquisition of PresMed. Image: PresMed.

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Ophthalmologists are among a group of surgeons expected to benefit from Cura Day Hospitals Group’s acquisition of PresMed Holdings.

Cura has signed a binding offer to acquire PresMed and its seven day hospitals – five in New South Wales and one each in the Australian Capital Territory and Tasmania. It also features one consulting practice located in New South Wales.

The acquisition will create a combined network of 36 facilities across Australia, and ensure resilience in an increasingly competitive industry.

Ophthalmologist rank among the biggest users of Cura’s facilities and stand to benefit from the expansion of the company.

Dr Keith Zabell, a Toowoomba-based ophthalmologist and chairperson of the Cura group, said medical professionals would benefit from a more extensive hospital group.

“Our doctors will now have greater opportunities to collaborate with Cura, as well as access to a wider choice of facilities and technologically advanced equipment,” he said.

“We extend a very warm welcome to all the PresMed doctors and staff who will be joining our group,” he said.

Cura CEO Mr Peter Freeleagus said that patients would benefit from improved care options and a wider range of facilities.

“Our patients remain our top priority, and this acquisition allows us to better serve them with expanded offerings while maintaining our high standards of care and service,” he said.

For employees, the larger, more diverse network will present enhanced career development opportunities, including leadership roles and professional growth pathways, the company said.

“This positions Cura as an attractive employer for top talent, with a broader national presence and increased market leadership,” Freeleagus added.

More reading

Private hospitals must ‘pick up the slack’ amid ophthalmology elective surgery blow out

Private sector apprehensive to perform public surgery ‘blitz’ at discount rates

NSW cataract patients waiting 71 days longer post-COVID

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      • Supplements
      • Eyewear & frames
      • Behavioural optometry/vision training
      • Contact lenses
      • Anti-VEGF
      • Intraocular lenses (IOLs)
      • Pharmaceuticals & consumables
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      • Perimetry & visual fields
      • OCT
      • Phoropter
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      • Retinal imaging
      • Anterior segment imaging
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