The Health Services subdivision covers a range of health services and facilities. General hospitals are the subdivision’s largest revenue driver, accounting for over half of Australia’s health services revenue. Australia’s two largest states, New South Wales and Victoria, account for approximately 60% of all health service establishments.
Australia’s ageing population has bolstered the need for health services across most of these industries.
Australia’s growing population has supported the Dental Services industry over the past decade. In contrast with other health services, the industry is predominantly privately funded. Competition is primarily based on location, fees charged, reputation, the range of services provided and private health insurer links. Market size is projected to increase over the next five years.
We’re passionate about the relationships we build with our clients and committed to their success as business partners for life. At Stannards, we believe that it’s the people and heart behind their businesses that are truly important. For more information on how Stannards has assisted with accounting services to several well-established Medical & Dental businesses, check out some of our valued client stories below.