Healthscope is on a one-way ticket to financial restructure.
The private hospitals operator has too much debt, too few hard assets, too high costs and is too important a company to everyday Australians to be in a state of financial disrepair. Yet, here we are.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com