The debate between care providers and insurers is raging on Monday. And having heard from all sides, good luck to up-for-sale hospitals giant Healthscope.
It’s tempting to say private health insurers should give another $1 billion a year to private hospital operators from Healthscope and a whole range of other marginal operators – and their problems will go away.
They won’t. Yes, it may beef up Ramsay’s near-term profit and help Brookfield get out of Healthscope, but it would be a bandaid solution to a much deeper problem that requires more than money-shifting.
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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
