Restructuring experts have been called in for the parent entities behind Healthscope, operator of Perth's Mount Hospital, with an eye to sell the debt-burdened business.
One of Australia's largest private hospital owners has announced it will terminate contracts with some of the country's largest insurers, including HBF, after failing to agree to a rise in fees.
Sharemarket‑listed real estate investment vehicle Healthco Healthcare & Wellness REIT has made its first foray into the Perth market, settling on the Mount Hospital for $147 million.
Our weekly appointments wrap includes Greg Brylski, Tom Fuller, Greg Prout, Celia Hammond, Jess Hamdorf, Ben Wyatt, John Williams, Ankit Mehta, Steven Fitzgerald, Gillian Denison and Wendy Norris.
An 11th hour agreement has resulted in 29 passengers from the Artania cruise ship who have tested positive for COVID-19 being transferred to Joondalup Health Campus, after earlier proposals to shift them to Hollywood Private Hospital, the Mount Hospital and Bethesda Health Care were criticised.
Healthscope has opened its books to Brookfield Capital Partners after the private equity firm made a $4.5 billion play for the private hospital operator, trumping a rival offer already on the table.
Private equity firm BGH Capital and AustralianSuper have returned with another $4.11 billion bid for Healthscope, five months after the private hospitals operator rejected their takeover attempt.
Private hospital operator Healthscope, which owns Perth's Mount Hospital, has rejected two competing takeover proposals it says undervalue the company, even as it lowers its earnings guidance due t