The Zoo scan

The business of general practice, daily

Monday 13 July 2026

One item today, and it is the regulatory calendar rather than a deal. No new GP practice acquisition has reached the ACCC register since Partnered Health's 3 July notification, and no determination on that first mandatory-regime matter, its bid for the 11-GP Medicine on Second clinic at Maroochydore (MN-15027), has been published. Submissions closed on 10 July, a determination is expected in the second half of July, and the statutory determination period ends 14 August. In New Zealand, Green Cross shareholders vote tomorrow, Tuesday 14 July, on the NZD 270m sale of The Doctors to Tend Health, with completion targeted for 31 July.

Migrations · deals and corporate activity
No new GP practice deal; awaiting the first mandatory-regime determination, Green Cross shareholders vote Tuesday Confirmed

No new GP practice acquisition reached the ACCC register over the weekend. The first GP practice matter under the mandatory merger regime, Partnered Health's bid for the 11-GP Medicine on Second clinic at Maroochydore (MN-15027), is now awaiting its Phase 1 determination after submissions closed on Friday 10 July. Checked directly on the register today: it remains at Phase 1 initial assessment, effective notification date 3 July, with no determination yet published and the determination period ending 14 August. This is the first GP practice matter under the regime, so the timetable it sets is the one every corporate and health-insurer bolt-on above the cumulative threshold will follow. On the ACCC's recent Phase 1 timing a determination is likely in the second half of July, well inside that statutory deadline.

No new GP practice acquisition has joined the register since that 3 July filing. The register entries added since are out of sector (property, payments, defence and road services), and the nearest health-adjacent notification remains the Stonepeak-led consortium's bid for Estia Health (residential aged care, notified 29 June), which sits outside the GP frame. The larger Bupa-Partnered Health parent transaction, reported by AFR Street Talk on 18 June at $450m, has still not appeared.

The New Zealand comparator votes tomorrow. Green Cross Health's annual shareholders' meeting is set for Tuesday 14 July in Auckland, where shareholders vote on the NZD 270m sale of The Doctors (65 clinics, 400,000+ enrolled patients) to Tend Health, with completion targeted for 31 July if approved. Tend is backed by iwi and local investors, keeping the network under New Zealand ownership.

13 July 2026 National / International (New Zealand)
ACCC register: Partnered Health - Ryan Plaza Medical Services ACCC acquisitions register NZX: Sale of Green Cross Health's Medical Division
Fresh tracks · what we're watching
  1. Partnered Health / Ryan Plaza (MN-15027) now awaits its Phase 1 determination, with submissions closed on Friday 10 July. Checked directly on the register today: still at Phase 1 initial assessment, effective 3 July, no determination published, with the determination period ending 14 August. On the ACCC's recent Phase 1 timing a determination is likely in the second half of July. The first GP clearance under the mandatory regime sets the template, and the timetable, for every corporate and health-insurer bolt-on that follows.
  2. Whether the Bupa-Partnered Health parent transaction, reported by AFR Street Talk on 18 June at $450m, surfaces on the ACCC public register. Still absent as at 13 July.
  3. ATO valuation guidance for the 1 July 2027 CGT cost base reset, still not issued. The gate on any firm pre-2027 planning for practice owners.
  4. The Green Cross vote result tomorrow, Tuesday 14 July, then completion targeted for 31 July.
  5. AvidSys-Spectrum (WA): the acquisition of Spectrum Health Group's WA practices was announced in November 2025, before the mandatory notification regime commenced on 1 January 2026. The AvidSys site still describes the deal in forward-tense terms ('will transition', 'to be completed through Avid Health'), Shire of Dandaragan council minutes from 23 April 2026 refer to it as still proposed, and the DXC Medical WA monthly update for July notes no Spectrum Health deal was publicly reported in June. The watch is whether completion has slipped past 1 January 2026: if it has, and the deal clears the thresholds, an ACCC notification may still be required.
  6. Gungahlin's fully bulk-billed clinic (Macquarie General Practice), the third of the Federal Government-funded bulk-billing clinics in the ACT, is due to open during July. No confirmed date yet.
  7. Payday Super commenced on 1 July 2026: employers must now pay the super guarantee at the same time as wages, with contributions reaching the employee's fund within seven business days, replacing quarterly payment. For owner-operated practices this is a working-capital and wage-compliance change rather than a transaction, and it sits alongside the assignment of benefit admin load running through the transition year. The watch is the ATO's compliance approach and any transitional relief through the first payday cycles.
  8. National Dental Care: Crescent Capital has appointed Morgan Stanley to sell the network, one of Australia's largest, after more than a decade of ownership (AFR Street Talk, 18 June). Dental, not general practice, so it does not change GP buyer logic. It is worth watching only as a marker of continued private equity appetite in Australian health services, and for any health-services multiple the process discloses.

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