https://www.9news.com.au/national/healthscope-receivership-37-hospitals/cb8a53f4-16f9-4b89-a92a-fabca0f85f01


Major private health company Healthscope falls into receivership,
37 hospitals up for sale

By Daniel Jeffrey

2:19pm May 26, 2025


Major private health group Healthscope has fallen into receivership and is seeking to sell all of its hospitals, but it says there will be no immediate impact on its patients and staff due to a $100 million lifeline.
Owned by Canadian private equity firm Brookfield, which purchased the company for $5.7 billion in 2019, Healthscope is Australia's second-largest private hospital group, owning 37 hospitals across the country.
However, it is currently saddled with some $1.6 billion in debt.


Healthscope called in McGrathNicol as receivers today, but said there won't be an impact on its staff and patients after creditor Commonwealth Bank provided a $100 million funding package.
"We want to make it clear that the subsidiaries that own and operate Healthscope's network of hospitals are not affected by our appointment to the shareholding companies," receiver Keith Crawford said in a statement.
"Our immediate focus is to engage constructively with all key stakeholders to ensure uninterrupted operation of Healthscope hospitals and continuity of best practice standards of patient care.

https://www.abc.net.au/news/2025-05-26/private-hospital-operator-healthscope-collapses/105336258

In short:

Healthscope's lenders have appointed receivers to the parent companies, but it says its 37 hospitals will operate as normal.

The Commonwealth Bank has promised an addition $100 million of funding, if needed, to help keep Healthscope's hospitals running while buyers are found.

What's next?
Receivers from McGrathNicol will oversee the sale of Healthscope's hospitals to repay its lenders.

I wonder how much this has got to do with the astronomical prices
the surgeons charge at hospitals?  -

To speak to a surgeon can be $250 for 3 minutes.

A 20 minute operation can cost $6,000 and you don't even use a room for the night.

Wow. I used to work under those "BEEP" in Liverpool long ago.
The had major profits of $350+million per year back then.
But they were more Business than Medical and I found that they were tightarsed on everything, from Staff to Customers (patients) and pretty corrupt in Admin. I'm not surprised that such a Company has gone under with such a CANCEROUS way of operating.