Interchange Health Cooperative Ltd (IHCO), a Canberra-based bulk-billing allied health and general medical practice was today placed into voluntary administration.
The organisation, which provides 100 per cent bulk-billing services to some of Canberra’s most vulnerable community members, appointed RSM Australia Partner Jonathon Colbran and Director Adam Cormack as Joint and Several Voluntary Administrators of the IHCO at a board meeting on Monday 7 April 2025.
RSM Australia Partner Jonathon Colbran said the IHCO’s voluntary board had advised Administrators that it had implemented a range of initiatives to address challenges in the organisation and ensure it could continue to serve the community, but ultimately was no longer able to…