Canada’s Northwest Healthcare Properties has signed a binding agreement to install a new tenant at 12 of its properties currently run by Healthscope, as it loses faith with the under-receivership group’s ability to pay rent.
Sources said Northwest has agreed to hand over the operating rights for the 12 hospitals to a Catholic healthcare provider – understood to be Calvary Health. It comes after Healthscope’s receivers at McGrathNicol collected binding bids at midday.
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