2216 GMT - Sonic Healthcare's revenue is likely to be dented by changes to pathology reimbursements through Australia's Medicare system, Jefferies says. The changes are due to start from FY 2026. They include amendments to urine examinations and Vitamin B12 testing. Analyst David Stanton assesses the impact to be an around A$90 million reduction in annual revenue across the industry. "We estimate that Sonic has circa 46% of the Australian Pathology market and will be able to offset circa 40% of this revenue impost via an increase in out of pockets," Jefferies says. So, it thinks the impact will be a A$24.9 million cut to Sonic's Ebit in FY 2026. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
June 30, 2025 18:16 ET (22:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.