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About Southern Cross Rehabilitation

Southern Cross Rehabilitation is a subsidiary of Southern Cross Hospitals focused on preventative and rehabilitative care.

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Latest Southern Cross Rehabilitation News

Southern Cross Rehabilitation reveals latest venture

Mar 26, 2019

SHARE Southern Cross Rehabilitation has acquired a stake in North Island health business Active+. According to New Zealand insurance group Southern Cross, its rehabilitation arm has acquired more than 50% of Active+ and 25% of Active Limited, a sister company focused on multi-disciplinary rehabilitation contracts to the ACC, District Health Boards and large employers. The move is part of a strategy to broaden its offering into early health and wellbeing intervention and supported recovery. “Funders of healthcare, such as health insurers and the ACC, are looking for hospitals and rehabilitation services to work more closely together for the benefit of patients, so this is another step in our journey to offer a more integrated service,” Southern Cross Hospital chief executive officer Terry Moore said. Meanwhile, Active+ managing director Gill Webb noted the joint venture will enable continued expansion and provision of more quality care for Kiwis. “This investment from Southern Cross Rehabilitation will help Active+ reach its next goal of becoming the country’s leading brand of integrated allied health clinicians,” he added. The investment in Active+ will enable Southern Cross Rehabilitation to offer a wide range of services such as physiotherapy, occupational health, dietetics, psychology and counselling. It follows Southern Cross’s 50% acquisition of workplace health service provider MedPro Healthcare in August 2018 and 50% acquisition of rehabilitation business TBI Health in 2016. Related stories:

Southern Cross Rehabilitation Investments

1 Investments

Southern Cross Rehabilitation has made 1 investments. Their latest investment was in Active+ as part of their Corporate Minority on March 3, 2019.

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Southern Cross Rehabilitation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/25/2019

Corporate Minority

Active+

Yes

1

Date

3/25/2019

Round

Corporate Minority

Company

Active+

Amount

New?

Yes

Co-Investors

Sources

1

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