All this bid did what highlight what a great fundamental business IDX have with their Lake Imaging and Western Diagnostics business with Regional Hospial contracts and what a poor low end business Capitol have with their motley collection of small centres scattered through Melbournes suburbs attracting low end GP referrals at their bulk billing clinics.
At least the Primary (PRY) bulk billing medical centres in Victoria are supported by large public and private hospital centres and contracts where they get specialist and fully private billing from instay patients with six full MRI licences v Capitols one.
Some of their Capital branded clinics are owned by radiographers not the company.
One thing is for sure, Capital Radiology and Capitol Health have a nice box at Etihad to wath the AFL.
Ann: IDX: Lapse of Capitol Health Bid, page-27
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