Capitol Health gives revenue warning

Company News

Capitol Health Limited (ASX:CAJ) has warned the government’s Mid-Year Economic and Fiscal Outlook could impact company revenue by up to 7 percent.
 
The company cited changes announced by the government to the bulk-billing incentive program for diagnostic imaging as part of the MYEFO announcement.
 
The Medtech company said a potential impact on revenue of approximately 5 to 7 percent is possible.
 
Capitol Health said it will investigate possible remedial options that may be available between now and June 2016.
 
Capitol Health recorded a net profit of $3.86 million at 30 June 2015.

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