Southern Pathology continued to operate as a separate entity. In 1998, Sonic Healthcare acquired two pathology operations from Alpha Healthcare: Australian Diagnostics Laboratories (which was merged with Douglass Hanly Moir Pathology) in Sydney and Southern Pathology, on the south coast of NSW. Sonic Healthcare acquired Lifescreen Australia. In 1997, Barratt Smith Moran Pathology changed its name to Capital Pathology. Sonic Healthcare became Australia's largest pathology group. Sonic Clinical Trials began operating from the Douglass Hanly Moir Pathology site at North Ryde. Douglass Laboratories merged operations with Hanly Moir Pathology to form Douglass Hanly Moir Pathology. In 1996, Sonic Healthcare acquired New South Wales-based companies Hanly Moir Pathology and Barratt and Smith Pathologists, and Canberra-based Barratt Smith Moran Pathology. The company also formally changed from Sonic Technology to Sonic Healthcare Limited. In 1995, Sonic Healthcare acquired the Adelaide practice Pathlab making it part of Clinpath Laboratories. In 1994, Sonic Healthcare acquired and merged with Sydney's Tan Pathology. In 1993, Dr Colin Goldschmidt was appointed Managing Director for the group of laboratories. In 1992, the company acquired, then merged with, the Adelaide pathology practice Clinpath Laboratories. In 1991, Douglass Laboratories opened a pathology branch in Adelaide, South Australia. It had its roots in the pathology practice of Douglass Laboratories. The company was listed on the Australian Stock Exchange in 1987 as Sonic Technology Australia Ltd. Dr Colin Goldschmidt is the CEO and Managing Director. With many critiques arguing that such a strategy can lead to over diversification, yet has seemingly worked well to expand its business Īnnual Revenues for Financial Year to June 30, 2019, exceeded A$6.2 billion. The company strategy is growth by acquisition of overseas companies. The others are CSL Limited, Cochlear, and ResMed. The company is now part of the S&P/ASX 50, and is one of the largest medical companies listed on the ASX. It is the largest medical laboratory provider in Australasia and in Europe, and the third largest in the US. Sonic Healthcare Limited has a presence in Australia, New Zealand, United States, United Kingdom, Germany, Switzerland, Belgium and Ireland. Sonic Healthcare Limited is a Sydney-based, Australian company that provides laboratory services, pathology, and radiology services.
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