‘Short-stay, no-gap’: Medibank cements new surgical facility
National law firm Corrs Chambers Westgarth has advised Medibank on the establishment of joint venture to develop a short-stay, no-gap surgical facility based in Kew, Melbourne.
Firm: Corrs Chambers Westgarth (Medibank).
Value: Undisclosed.
Area: Corporate, property and real estate.
Key players: The legal team advising Medibank included Corrs Chambers Westgarth partners Sandy Mak and Shabarika Ajitkumar (corporate), Nathaniel Popelianski (property and real estate), Mark McCowan (competition) and Helen Clarke (intellectual property).
Deal significance: The new facility is set to be located in Kew, Melbourne.
According to a statement from Corrs Chambers Westgarth, the investment in the development of a new short-stay surgical facility “will extend the no-gap treatment model for eligible patients and reinforces Medibank’s ongoing commitment to supporting healthcare providers to improve patient experience and ensuring the affordability of the private healthcare system in Australia”.
Commenting further on the matter, Corrs partner Ms Ajitkumar said: “We are delighted to have worked with Medibank on this strategic investment. It recognises Medibank’s continued commitment to delivering innovative new models of care that are patient-centric and provide patients with greater choice in how their care is delivered.”
Ms Mak, head of the Corrs corporate/M&A team, added: “It was a privilege to have acted for Medibank on another key strategic transaction. It was once again a great team effort with multiple practice groups from across Corrs contributing to a successful outcome for the client.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
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