Sydney Adventist Hospital - proposed acquisition of Dalcross Private Hospital
Type of assessment
Informal Review
Reference
41573
Acquirer(s)
Sydney Adventist Hospital Limited
Target(s)
Dalcross Private Hospital
Industry
Private Hospitals
Summary
Sydney Adventist Hospital Limited, owner and operator of the Sydney Adventist Hospital in the northern Sydney suburb of Wahroonga, proposed to acquire the nearby Dalcross Private Hospital located in Killara from Dalcross Holdings Pty Limited.
Outcome of assessment
Not opposed
Total review days *
29
Commenced public review
21st April 2010
Date completed
1st June 2010
Market definition
The ACCC considered the proposed acquisition in the context of the following relevant markets:
- the northern Sydney regional market for the supply of private hospital services to health funds and the Repatriation Commission; and
- the northern Sydney regional market for the supply of private hospital services to patients.
Competition analysis
The ACCC considered that the proposed acquisition was unlikely to substantially lessen competition in any relevant market due to:
- the small increase in market concentration;
- the limited competition between Sydney Adventist Hospital and Dalcross Private Hospital given their focus on different specialties; and
- the presence of alternative private hospital operators in northern Sydney that would continue to provide an effective competitive constraint on the merged firm.
Review timeline
Date
Event
21st April 2010
ACCC commenced review under the Merger Review Process Guidelines.
12th May 2010
Closing date for submissions from interested parties.
1st June 2010
ACCC announced it would not oppose the proposed acquisition.
* Total Review days = Total business days less public holidays and time during which the review was suspended.
