as asx shl industry health medical diagnostics founded 1987 . parts of the company have operated for many decades headquarters macquarie park sydney new south wales australia key people dr colin goldschmidt ceo managing director products pathology laboratory medicine and imaging radiology revenue a 4 201 million 2015 1 number of employees 30 000 website www.sonichealthcare.com sonic healthcare limited is an australian company that provides laboratory services pathology and radiology services . the sydney based company has its roots in the pathology practice of douglass laboratories and since has become one of the largest diagnostic companies globally . it has a presence in australia new zealand usa united kingdom germany switzerland belgium and ireland . being the largest medical laboratory provider in australasia and europe and the third largest in the usa it employs over 30 000 people . 1 it was listed on the australian stock exchange in 1987 as sonic technology australia ltd. the company changed its name to sonic healthcare ltd in 1995 . 2 it is now part of the s & p asx 50 and is one of the largest medical companies listed on the asx csl limited cochlear and resmed being the only other listed medical companies of comparable size . the company strategy is growth by acquisition of overseas companies . 3 there is limited opportunity to expand further in the australian marketplace and income in australia is largely dependent on government health funding through medicare . sonic has expanded its growth opportunities and diversified its revenue base with its moves offshore from australia . in 2016 approximately 60 % of the company s revenues were generated from business operations outside of australia . amongst other things sonic s operating entities differentiate themselves from competitors with their emphasis on the preservation of strong medical cultures . citation needed their so called medical leadership is reflected in management positions from ceo and board level down and is aimed at the pursuit of traditional medical values outcomes along with regular corporate objectives . 4 sonic s federation model is a corporate structure enabling its businesses to operate decentralized the structure reinforces the identity and management autonomy of each local operation . each operation has its own ceo or president and management team . when sonic acquires businesses these most often maintain their management autonomy brand and consequently their local flavour . this is the structure which is most resonant with local medical communities and which best preserves acquired goodwill . . 4 annual revenues for financial year to june 30 2015 exceeded a 4.2 billion . 1 dr colin goldschmidt is the ceo and managing director . chris wilks is the finance director . paul alexander is the company secretary and group financial controller . mr steve shumpert is the chief executive officer sonic healthcare usa . mr evangelos kotsopoulos is the ceo sonic healthcare germany and business development director europe . dr ian clark is the chief executive officer australian pathology . dr philip dubois is the chief executive officer of sonic imaging . dr malcolm parmenter is the chief executive of sonic clinical services . select acquisitions edit sonic healthcare acquired medisupport based in switzerland july 2015 sonic healthcare acquired kld in belgium july 2015 sonic healthcare acquired the laboratory business of central coast pathology consultants ccpc a high quality laboratory in california usa . feb 2011 sonic healthcare acquired physicians automated laboratory pal based in bakersfield california usa . jan 2011 sonic healthcare acquired two businesses in belgium kbl bml unilabo laboratory kbl based in antwerp and the woestyn laboratory based in mouscron . jan 2011 sonic healthcare acquired of us pathology firm cblpath for us123 .5 million a 121.5 million . 5 references edit a b http www.sonichealthcare.com media 95803 1463156.pdf history . sonic healthcare . greenblat eli 2010 02 24 . profits rise but sonic disappoints . sydney morning herald . retrieved 2010 05 01 . a b http www.sonichealthcare.com media 89818 annual report 2014 inc detail.pdf sonic healthcare acquires us pathology firm . created acquisition section . business spectator . retrieved 8 november 2010 . external links edit official website v t e s & p asx 50 companies of australia s & p asx 200 agl energy amcor amp apa asciano aurizon anz asx bhp billiton brambles caltex australia coca cola amatil commonwealth bank computershare crown csl dexus goodman gpt incitec pivot iag james hardie lend lease macquarie medibank mirvac national australia bank newcrest mining oil search orica origin energy qbe insurance ramsay health care rio tinto santos scentre seek sonic healthcare south32 stockland suncorp sydney airport holdings telstra transurban vicinity wesfarmers westfield westpac woodside petroleum woolworths v t e business in australia institutions australian competition and consumer commission australian corporate law australian prudential regulation authority australian securities and investments commission australian takeovers panel constitution of australia 1901 cth corporations power economy of australia stock exchange australian securities exchange s & p asx 20 s & p asx 50 s & p asx 200 s & p asx 300 chi x business associations australian chamber of commerce and industry australian hotels association australian industry group business council of australia consult australia minerals council of australia national farmers federation s & p asx 50 companies alpha sorted agl energy amcor amp apa asciano aurizon anz asx bhp billiton brambles caltex australia coca cola amatil commonwealth bank computershare crown csl dexus goodman gpt incitec pivot iag james hardie lend lease macquarie group medibank mirvac national australia bank newcrest mining oil search orica origin energy qbe insurance ramsay health care rio tinto santos scentre seek limited sonic healthcare south32 stockland suncorp sydney airport holdings telstra transurban vicinity centres wesfarmers westfield westpac woodside petroleum woolworths other notable companies adelaide bank akubra alumina australian radio network axa asia pacific bendigo bank bluescope steel bunnings caltex camperdown dairy international challenger cimic cochlear coles downer group fairfax media fosters holden james hardie jb hi fi john holland macquarie radio manildra group metcash national storage news corp australia nine entertainment optus qantas qube holdings rm williams seven west media southern cross austereo st george bank star entertainment group vero insurance virgin australia zinifex corporate controversies and collapses ansett australia bridgecorp holdings dick smith holdings firepower international great southern group james hardie asbestos controversy rodney adler brad cooper ray williams and the collapse of hih insurance king brothers masters home improvement opes prime pasminco becomes zinifex poseidon bubble price fixing in the packaging industry rene rivkin and the offset alpine fire jodee rich and one.tel christopher skase and qintex storm financial timbercorp wa inc wayne mansfield westpoint notable individuals peter abeles warren anderson reg ansett alan bond chris corrigan robert champion de crespigny janet holmes court robert holmes court rod eddington john elliott andrew forrest david gonski joseph gutnick lang hancock margaret jackson gail kelly solomon lew frank lowy david morgan hugh morgan lachlan murdoch james murdoch rupert murdoch sidney myer jacques nasser frank packer james packer kerry packer clive palmer arvi parbo gina rinehart dick smith kerry stokes ziggy switkowski harry triguboff malcolm turnbull solomon trujillo nicholas whitlam retrieved from https en.wikipedia.org w index.php title sonic healthcare & oldid 735852941 categories companies based in sydneycompanies listed on the australian securities exchange1987 establishments 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