Aorangi and Southern Cross seek to merge
Aorangi Hospital and the Southern Cross Hospital in Palmerston North are again seeking to merge in an application to the Commerce Commission.
Aorangi Hospital and the Southern Cross Hospital in Palmerston North are again seeking to merge in an application to the Commerce Commission.
The two privately-owned hospital operators have applied jointly to the commission for authorisation to merge their respective Palmerston North private hospitals. The application has been made under a streamlined authorisation process.
The Southern Cross hospital has two operating theatres and 26 in-patient beds and provides specialist consulting and elective surgical services to both day patients and inpatients. Aorangi has four operating theatres and 32 in-patient beds and also provides specialist consulting and elective surgical services to both day patients and inpatients.
The commission declined a merger proposal from the two hospital in 2008 on the basis that it was not satisfied that the acquisition would not lead to a substantial lessening of competition in the markets for the provision of short-stay and in-patient hospital facilities and related services in the Mid-Central District Health Board region.
NZPA
Wed, 25 May 2011
Wed, 25 May 2011
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Aorangi and Southern Cross seek to merge
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