https://www.9news.com.au/national/healthscope-receivership-37-hospitals/cb8a53f4...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.