Future uncertain for Tristar Medical Clinic in Kialla as group moves to voluntary administration

Uncertainty: Doubt surrounds the future of the Tristar medical clinic in Kialla. Photo by Murray Silby

Uncertainty surrounds the future of the Tristar Medical Clinic in Kialla after the group entered voluntary administration.

The group, which is based in Mildura, has 29 clinics in regional, rural and underserved areas across Victoria, NSW, South Australia, Queensland, the Northern Territory and the Australian Capital Territory.

One of Australia’s largest private health service providers, it operated on a 100% bulk billing philosophy for its patients.

Tristar went into voluntary administration on May 24 with administrator McGrathNicol saying the group would continue to operate while options to sell and/or recapitalize were explored.

In a statement, McGrathNicol’s restructuring partner Matthew Caddy said there had been a “satisfactory level of initial interest” from parties considering buying or investing in the group.

Closure: A notice on the door of the Tristar Medical Clinic in Kialla says the group only offers telehealth services from Shepparton. Photo by Murray Silby

Tristar has a clinic in Kialla but when his phone number was called by the Newreplied a receptionist from Dandenong and said that the clinic in Kialla had been closed since December.

A sign on the door of the Kialla clinic indicates that the clinic is “temporarily” closed and only offers telehealth consultations.

The New inquired about the future of the Kialla clinic, but has not yet received a clarification.

The first meetings of creditors are scheduled for Friday, June 3.