{"id":891339,"date":"2026-09-14T05:38:18","date_gmt":"2026-09-14T05:38:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/891339\/"},"modified":"2026-09-14T05:38:18","modified_gmt":"2026-09-14T05:38:18","slug":"healthscope-consortium-set-to-take-over-private-hospital-provider","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/891339\/","title":{"rendered":"Healthscope: Consortium set to take over private hospital provider"},"content":{"rendered":"

Australia\u2019s second-biggest private hospital operator Healthscope<\/a> is set to be split up, under a private equity agreement announced on Monday.<\/p>\n

The beleaguered healthcare company\u2019s lenders backed the deal to divide Healthscope between a consortium of private health providers.<\/p>\n

\"A<\/p>\n

The Prince of Wales Hospital in eastern Sydney is set to be owned by part of a consortium acquiring Healthscope.\u00a0Peter Rae<\/p>\n

Healthscope fell into receivership in May 2025 as it battled a debt bill worth about $1.6 billion.<\/p>\n

Under the deal, 14 of the company\u2019s remaining 25 hospitals will be run by not-for-profit firm Calvary Health Care. <\/p>\n

Calvary will also acquire Healthscope\u2019s central corporate and head office functions and manage the transfer of individual hospitals to other operators.<\/p>\n

Speaking on behalf of the consortium, Calvary Health Care chief executive Damien Bruce said the agreement would provide security for the thousands of staff at the metropolitan and regional hospitals.<\/p>\n

\u201cWe recognise the resilience and dedication shown by staff through a period of significant uncertainty, and we thank them for their ongoing commitment to patients and families. <\/p>\n

\u201cTogether, we have an opportunity not only to grow, but to build a stronger, more sustainable future for health care that continues to put people at the centre.<\/p>\n

\u201cOur focus will be to provide certainty, stability and confidence for staff, visiting medical officers, patients, residents and clients as we work together through the transition,\u201d he said.<\/p>\n

\u201cWe look forward to listening, learning and partnering closely with local teams in the months ahead, while continuing to deliver safe, high-quality care and preserving what matters most to the communities we are privileged to serve.\u201d<\/p>\n

Healthscope will acquire six hospitals, including Prince of Wales Private Hospital in Sydney and Victoria\u2019s Knox Private Hospital. <\/p>\n

The rest will be run by private operators including Acurio and KnG.<\/p>\n

Providing about 70 per cent of Australia\u2019s elective surgeries, a secure future for Healthscope is crucial for the country\u2019s health system.<\/p>\n

Healthscope\u2019s receivers say the deal is scheduled to be finalised by November 30.<\/p>\n","protected":false},"excerpt":{"rendered":"Australia\u2019s second-biggest private hospital operator Healthscope is set to be split up, under a private equity agreement announced…\n","protected":false},"author":2,"featured_media":891340,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99],"class_list":["post-891339","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/891339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=891339"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/891339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/891340"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=891339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=891339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=891339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}