PriceSensitive

Monash IVF Group (ASX:MVF) suspends certain procedures in Victoria

ASX News, Health Care
ASX:MVF      MCAP $487.0M
14 January 2022 14:22 (AEDT)

Source: Monash IVF Group

Following new health orders in Victoria, Monash IVF Group (MVF) has said non-urgent surgery protocols will disrupt some IVF procedures in Melbourne and other major centres.

These new health orders are designed to assist Victorian hospitals respond to rising coronavirus cases by alleviating pressure on the state’s health system.

The group says patients who plan to commence a stimulated cycle after January 6, 2022 will need to undertake a clinical assessment first to determine urgency.

Stimulated cycles whereby patients have commenced their drug regime prior to January 6, 2022 will continue.

Frozen embryo transfer, intrauterine insemination and medical preservation procedures are also continuing during the health order period.

The health order came into effect on January 12 and lasts until April 12, 2022 with the company unsure whether it will impact IVF services for the full three-month period.

The group expects the order will create pent-up treatment demand which will be services within three to four months following resumption of services.

Shares in Monash IVF Group were down 1 per cent trading at $1.02 each at 1:39 pm AEDT.

Related News