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Only one thing can end the $22b private health war

Brookfield’s latest injection of funds into Healthscope is more evidence of the need for the government to step in to try to resolve a mess that’s getting more desperate.

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Australia’s private hospital crisis appears to be heading to some sort of breaking point. It is just a question of whether that big moment is government intervention, or more hospitals shutting.

Brookfield’s decision to inject tens of millions of dollars of fresh capital into debt-laden private hospital operator Healthscope should put to bed the idea that the Canadian private capital giant is battling the private health insurers in a bid to increase its profits.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/only-one-thing-can-end-the-22b-private-health-war-20241216-p5kyr6