Private health provider SMS Healthcare has expanded its ophthalmology portfolio with the addition of LASERSIGHT Australia’s five-clinic refractive eye surgery network.
The co-investment will see with three Queensland LASERSIGHT clinics and two clinics operating under the LASERSIGHT banner in Victoria and Tasmania join SMS, whose eye surgery portfolio has now grown to 14 clinics.
It’s the latest in a series of co-investments, with SMS also acquiring Medownick Laser Clinic, Victoria, Eye and Laser Centre, Gold Coast, and KindSIGHT Eye Specialists, Brisbane and Redcliffe, in late 2021.
This follows private equity group Alceon’s backing of SMS’ expansion strategy in September last year.
SMS Healthcare managing director Mr Carl Adams said the new acquisition aligned the growing demand for elective eye procedures.
“We’re thrilled to have LASERSIGHT join our SMS family,” he said.
“This strategic co-investment supports SMS Healthcare’s primary goal of giving patients across the eastern Australian seaboard access to top specialists, cutting-edge technology, and best-in-class treatment options in accessible locations near to home, assuring the best patient results.”
Across its wider portfolio, SMS Healthcare now holds co-investments alongside the medical professional founders of 21 assets, including day and short-stay hospitals, allied health, and specialist medical practices spanning ophthalmology and laser eye surgery infrastructure across Queensland, New South Wales, and Victoria.