Yesterday
Breathing room: Healthscope lenders in standstill vote
Instead of preparing Healthscope for a float, Brookfield has been forced to inject emergency funding into the company.
February
Ramsay says Labor’s premium hike will not cover soaring hospital costs
Still, shares in the country’s largest private hospital operator rose sharply after it appointed Goldman Sachs to assess the sale of its European business.
Health insurance premiums to rise 3.7pc in new cost-of-living hit
Health Minister Mark Butler has signed off on an above-inflation hike in private health insurance premiums, the biggest rise since 2018.
Ramsay’s global CFO search for a hospital pass job
Does the healthcare outfit really think someone will move to Australia to manage the colossal mess that is our private hospital market?
Healthscope to close maternity wards in Darwin and Hobart
The Coalition has seized on the shutdowns to accuse Labor of failing to take action to stop the closure of critical health service
David Di Pilla thinks a new PE owner could save Healthscope
Property is at the heart of the veteran deal maker’s plans for the private hospitals operator – just as it was at Masters almost a decade ago.
Catholic Health’s new plan to fix hospitals at ‘breaking point’
Private hospital groups have sent Labor a package of proposals they say can save the struggling sector.
David Di Pilla’s HMC Capital eyes Healthscope hospitals
The alternative asset manager and other operators are talking to Healthscope’s landlords about taking over Australia’s second-biggest hospital group.
Healthscope loses chief executive and chairman amid debt pain
The country’s second-largest private hospital operator has appointed former Qantas executive Tino La Spina to take over as it negotiates with lenders.
Is Ramsay Health Care whipping itself into a frenzy?
The private hospital lobby is turning on itself and Labor is making mileage from it.
January
Healthscope and Bupa avert funding crisis with new deal
The new agreement means hundreds of thousands of patients will be spared from paying higher hospital costs.
Health insurers baulk at Labor pitch to expand maternity cover
Changes floated by the Health Department include forcing funds to pay more for hospital-in-the-home programs to take pressure off private hospitals.
December 2024
Healthscope on life support as Brookfield tips in more funding
The owner of 38 private hospitals has told staff its debt burden and rents paid to landlords have become difficult to support. It is trying to stave off closures.
Bupa offers Healthscope doctors payments to switch hospitals
The health insurer giant is offering Healthscope doctors up to $500 per patient if they move to another hospital.
Doctors say health insurers have too much control over home care
The AMA is warning that Australia is at risk of adopting “US-style managed care” where insurance companies call all the shots.
Mark Butler’s health problem with no fix
The health minister is in the middle of an almighty fight between private hospitals and the health insurers, and he’s facing a difficult decision in the lead up to the election.
Private hospitals split over industry’s demand for emergency funding
Two not-for-profit groups say they are opposed to calls from bigger players like Ramsay Health Care for more money, or the introduction of $200 visit fees.
Private hospitals want $200 per visit fee to head off funding crisis
Operators of major private health facilities say it is their only option if they aren’t handed $1.3 billion in emergency funding by the federal government
November 2024
Dealmaker David Di Pilla’s other REIT is underwater
The capital markets darling’s DigiCo REIT will be the biggest IPO in years. His other REIT is floundering.
Ramsay resists investor pressure to dump international hospitals
The private hospital giant’s chairman David Thodey says he cannot rule out offshore asset sales, but shareholders want more certainty.