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Insurers profiting while hospitals struggle: CHA

New data reveals private hospitals collectively lost $756 million last financial year, while private health insurers collectively made $2.7 billion in profit. The significant loss for private hospitals is the second in a row, following a $36 million loss in 2023-24. Catholic Health Australia Acting CEO Dr Katharine Bassett said the data, released by the Australian Bureau of Statistics and A...
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CHA Acting CEO Dr Katharine Bassett said the data indicated a failure of the system. Photo: Adobe.

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