Japara Healthcare Limited (ASX:JHC) has reaffirmed its earnings forecast of $48.9 million for the 2015 financial year.
As part of its AGM the private hospital operator also reported it assumed the operations of Whelan Care on the 1 November.
With a purchase price of $39.5 million the company says the portfolio acquisition which comprises four facilities, will push full year earnings up to $50.3 million.
CEO Andrew Sudholz says the company has established a robust pipeline of growth opportunities as it pursues investment in capacity expansion over the coming years.
Japara reported a net loss of $2.93 million in the 2014 financial year.
