Pathology giants seek 50% rent reduction from hard-pressed Australian GPs amid coronavirus crisis

Many doctors’ clinics depend on revenue from tenants, who are also hit by downturn

Major pathology corporations are attempting to halve their rental payments to GP practices across the country in a move that threatens to financially cripple clinics at a time of critical need.

Many Australian GP clinics depend on rental payments from co-located pathology centres to remain viable, and the revenue source has become increasingly important during the coronavirus crisis, which has cut their patient numbers, upended their business model and left many on the brink of collapse.

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from The Guardian https://ift.tt/2JUKD9q
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