Touch device users, explore by touch or with swipe gestures. Pharmacy Division. Contact Green Cross Health. The Home and Community Support sector remains vulnerable due to ongoing wage pressures, compliance costs and significant administrative costs, with limited uplift in funding. Stock analysis for Green Cross Health Ltd (GXH:NZX) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Wednesday 25th November 2020 . Green Cross Health has launched StellarCare to their stable of award-winning Green Cross Health Academy Programme. Green Cross Health announces the acquisition of Peak Primary, adding 11 medical centres and bringing the total to 49. including Metlifecare, Freightways and Port of Tauranga. This course allows students to … In the period, the greenfield pharmacy site in the Commercial Bay development in Auckland’s CBD began trading, and we saw the two Karori pharmacies in Wellington, acquired in February 2020, trade for the full period. 602 Great South Road These activities, combined with the growth of enrolled patients during the period, to 269,000 enrolled patients, allowed the division to deliver an increased return. The Doctors network currently numbers 43 medical centres, with the addition of Gabriel Medical Practice (Mt Roskill) just before the end of the period. 25 November 2020, AUCKLAND, NZ: Listed primary healthcare provider Green Cross Health, the group behind Unichem and Life Pharmacy, The Doctors and Access Community Health, reported revenue of $277m for the six months to 30 September 2020, consistent with the prior period. December 2014, the acquisition of Access Homehealth, a provider of home healthcare services to more than 17,000 people in New Zealand, is announced, giving Green Cross Health significant presence in the home healthcare market. Green Cross Health is listed on the New Zealand stock exchange (NZX:GXH). Green Cross Health (NZX: GXH) Announcement - Board Changes. We remain cautious given the uncertainty caused by COVID-19, and therefore focus remains on maintaining a strong Balance Sheet and on cash preservation.”. Operating Profit was down $1.3m to $10.9m. Net Profit After Tax attributable to Shareholders of $8.8 million includes growth in the Medical and Community Health divisions, offsetting weakness in the Pharmacy division. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved. - Net Profit After Tax Attributable to Shareholders of $8.8m the Radius Medical business and we thank him for those efforts. Net Profit After Tax attributable to Shareholders of $8.8 million includes growth in the Medical and Community Health divisions, offsetting weakness in the Pharmacy division. The Community Health segment provides services direct to the community to support independent living. Tony will continue as a Partner with Green Cross Health, We continue to advocate for support from all funders to return the sector to a position of sustainability and to recognise the value of supporting our most vulnerable populations to live within their communities for longer. Increasing scale and operational capability in the Medical division is at the core of the division’s growth strategy, along with selectively acquiring practices. - No interim dividend declared due to ongoing uncertainty in the market, relating to COVID-19 and the associated economic downturn. - Pharmacy Revenue down 5% and Operating Profit down 11% at $10.9m due to the impact of COVID-19 on retail sales The retirement of Dr Tony Edwards as an Independent Director of the Company has been received and accepted by the Board. Rachael Newfield © Copyright 1997-2020 MoneyOnline Ltd & Investment Research Group Ltd. As an essential service, we remained open over the lockdown periods to serve patients and the community during uncertain and challenging times. Pharmacy Revenue for the period saw a decline of 5%, reflecting the impact of COVID-19 on the ability of customers to shop in-store during the various COVID-19 alert levels, as well as some pharmacy closures. Medical Revenue increased 8% to $41.0m, with Operating Profit at $5.7m, driven by organic and acquired revenue growth and improved operational efficiency. Kim is a highly experienced director and CEO with a number of directorships Note: Market data delayed by 20 minutes, and page information may be cached and is current per the timestamp provided. In some areas this has been mitigated by revenue from COVID-19 swabbing activity. In line with the objective and criteria of the wage subsidy scheme, the pharmacies were able to retain staff during the wage subsidy period, with all amounts passed on to employees. Subsequently, the New Zealand Government has announced Level 3 lockdown restrictions for the Auckland area which would prohibit attendance at a physical meeting. 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