MPL
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Company News
Emyria’s Empax PTSD trauma care program gains funding support from Medibank Private
Health insurer Medibank Private (ASX: MPL) has commenced funding for eligible members to access the Empax post-traumatic stress disorder (PTSD) care program developed by Emyria (ASX: EMD) and Perth Clinic. The initial two-year agreement marks the first major private health insurance funding of a psychotherapy-led PTSD program in Australia and Emyria regards the move as […]
James Hardie cuts hundreds of jobs, ACCC blocks TPG and Telstra deal and Liontown enters agreement with Zenith Energy
Global building materials company James Hardie Industries (ASX: JHX) has revealed it is slashing hundreds of jobs across the globe and making workers redundant before Christmas as the giant deals with falling demand and soaring costs. The company confirmed it will cut around 100 jobs within the Asia Pacific region, mostly Australia, as it hands […]
nib draws Medibank customers, Brickworks posts record profit and PolyNovo announces capital raise
As Medibank (ASX: MPL) clients continue to fear for the safety of their data after the October cyber-attack, rival insurer nib Holdings (ASX: NHF) has confirmed some customers have made the switch over to its service. nib saw a 4.7% rise in policyholder growth from July to the end of October, which helped drive a […]
Coronado ends merger discussions with Peabody, Suncorp flooded with claims and Medibank remains calm despite threat
Queensland-based Coronado Global Resources (ASX: CRN) has ceased merger discussions with global coal giant Peabody Energy Corporation (NYSE: BTU). Both parties jointly agreed to end talks over a deal that was estimated to be worth more than $9 billion. Following the collapse in negotiations, Coronado’s share price tumbled around 5% at the start of the […]
CommSec fined $20m, Kelsian acquires Horizons West and Westpac signs NRL sponsorship deal
Australia’s largest stockbroker CommSec, owned by Commonwealth Bank (ASX: CBA), has been handed a $20 million fine from the Federal Court after its was found it had breached market integrity rules, including over-charged customers in brokerage fees on almost 121,000 occasions. The overcharge in brokerage fees alone were found to amount to $4.3 million. Commonwealth […]
Medibank suffers cyberattack, Telix Pharma expands GE Healthcare partnership and APA Group to acquire Basslink
Health insurance provider Medibank Private’s (ASX: MPL) shares are down this week after the company revealed it suffered a major cyber security incident. Despite the concern, the provider urged there was no evidence of customers’ data being accessed and has since returned to business as usual. Medibank has a large database, covering more than 3.7 […]
Game on at Crown Sydney, Medibank offering customers $620 cashback and Telstra Energy unveiled
Crown Resorts (ASX: CWN) has announced the Independent Liquor and Gaming Authority (ILGA) in New South Wales has finally given Crown Sydney the green light to recommence its gaming operations. The approval comes 16 months after Crown Sydney was deemed unfit to hold a gaming licence. Crown’s gaming operations in Sydney will now open members […]
Where to find pet care stocks amid a paw-city of choice
Even before the pandemic spurred the panic puppy purchasing phenomenon, Australian pet ownership was on the rise because of the powerful demographic trend to single occupant households. With pooches and moggies and other random beasts displacing children on the family hierarchy, pet care expenditure has risen even more sharply. According to an Animal Medicines Australia […]
Private health insurers having a rare moment in the sun
For an industry that is meant to be in a death spiral and is enduring a worldwide pandemic, private health insurers are enjoying a rare moment in the sun. While the undeniable pressures of younger members dropping their cover and older members claiming more treatments do still have the industry locked in a particularly unpleasant […]
1st Group to pilot online patient engagement platform under Medibank deal
Digital media and technology firm 1st Group (ASX: 1ST) has signed an agreement with major private health insurer, Medibank Private (ASX: MPL), paving the way for the company to pilot its digital appointment booking platform. The agreement will see the company’s digital online patient engagement platform, MyHealth1st, be deployed as the online booking engine for […]
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