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Hospitals

This Month

Federal Health Minister Mark Butler says private hospitals must sort out their own mess.

Private hospitals warn of more closures after Labor refuses bailout

Health Minister Mark Butler has told struggling private hospital operators to sort out their own problems and resolve differences with insurers.

  • Michael Smith

September

Healthscope has asked its largest landlord for rent assistance as it speaks to its lenders.

Private health giant Healthscope hopes for rent relief at 38 hospitals

But Health Minister Mark Butler has ruled out a taxpayer bailout for major private hospital operators, insisting they deal with soaring costs themselves.

  • Tom McIlroy and Gus McCubbing

August

NIB Health Insurance CEO Mark Fitzgibbon says fixing prices for hospital procedures would be “crazy” .

NIB says plan to fix hospital pricing ‘crazy’ as funding tensions grow

Insurers and hospitals are split on how to fix their acrimonious pricing negotiations as government reviews private health.

  • Michael Smith
NIB Holdings CEO Mark Fitzgibbon has sympathy for private hospital operators.

Why we’ll all end up taking Ozempic

Retiring NIB chief Mark Fitzgibbon on the two biggest issues facing the private health sector: the brawl between hospitals and insurers, and the future of care.

  • James Thomson
British private equity outfit Permira knows it’s in line for a $4 billion exit at radiology giant I-MED.

Bain Capital a ‘motivated’ buyer of Permira-owned I-MED

A “limited” amount of new information has been shared with a handful of bidders in the past week to help familiarise them with the business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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La Trobe’s pioneering model to transform healthcare

The winner of the industry engagement award used COVID and a pinch of serendipity to create a world-leading virtual medical emergency model in Melbourne.

  • Sylvia Ramsey
 Professor James Boyd La Trobe.

Winning strategy: A virtual lifeline for emergency departments

Comment provided by the winner of the Industry Engagement award, La Trobe University.

  • James Boyd
Steve Robson, the president of the Australian Medical Association, says a better system must be set up to distribute medical supplies.

Call for medical supply overhaul after IV fluid shortage shock

Health ministers met on Friday to discuss a critical shortage of IV fluid bags which is raising questions about Australia’s ability to source medical supplies.

  • Michael Smith
Knox Private Hospital in Melbourne is one of 11 Healthscope hospitals owned or co-owned by HCW.

Private hospital woes are ‘short term’, says healthcare property fund

Analysts say the HealthCo Healthcare & Wellness REIT could be one of the few listed property trusts to forecast earnings growth this reporting season.

  • Larry Schlesinger
Ramsay Health Care says full-year earnings will be weaker than expected, highlighting the challenges facing new chief executive Ntalie Davis.

Ramsay tips lower earnings, hospital capex weak

Ramsay Health Care says full-year earnings will be weaker than expected as it flags writedowns on its European operations.

  • Michael Smith
Dr Rachel David, chief executive of Private Healthcare Australia, says a push to collective boycott insurers will hurt regional Australia

Hospitals seek right to boycott big insurers from funding talks

Catholic-operated private hospitals want a major shake-up of the way they negotiate funding deals with health insurers, in an escalation of tensions between the two sides.

  • Michael Smith

July

New Ramsay Health Care boss Natalie Davis joins from Woolworths, where she runs its Australian supermarkets.

Why Australia’s No.1 hospitals business poached a supermarkets boss

Ramsay Health Care chairman David Thodey is trading in deep industry knowledge and expertise for a consultant’s mindset. Will it work?

  • Anthony Macdonald
NIB Holdings CEO Mark Fitzgibbon has sympathy for private hospital operators.

How to end the $22b private health war

Many things have changed in the 22 years that Mark Fitzgibbon has spent at the helm of NIB. The tension between private health insurers and private hospitals isn’t one of them.  

  • Updated
  • James Thomson
In Australia’s “cure-based” system, treatment is frequently at odds with patients’ known preferences,

Why can’t we die at home any more?

Many people who want to die at home are sent into overburdened hospitals for high-intensity care without clear benefits.

  • Jill Margo
Bendigo Hospital, designed by Silver Thomas Hanley with Bates Smart.

Deutsche Bank backs $210m Bendigo Hospital public-private refinance

Street Talk understands the German bank has come in as the project’s long-term lender, refinancing an existing bank syndicate.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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June

The debate on the pressures on private hospitals ignores the fact that many new facilities are opening their doors.

The bottom line is private hospitals are evolving, not collapsing

The government’s “financial health check” review should kick-start a conversation about innovation and the fate of some old, inefficient facilities.

  • Matthew Koce
Royal Prince Alfred hospital provides healthcare to those in quarantine, via virtual health.

Help us or hospital system could fail: private operator

One of Australia’s largest Catholic hospital operators says a review of the viability of the private sector must secure a viable business model.

  • Tom McIlroy
Health Minister Mark Butler’s department will finish its “health check” on private hospitals in August.

Private hospitals open books for urgent ‘health check’

Health Minister Mark Butler has launched an urgent review into the $22 billion private hospital system.

  • Tom McIlroy

May

Metrics Credit Partners’s managing partner Andrew Lockhart.

Healthscope is a fiasco for private debt funds – and their unitholders

In these situations, unitholders typically find out after the fact just how stressed the positions are.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

April

Healthscope CEO Greg Horan says the sector is under serious pressure as costs rise.

Healthscope in $919m writedown as hospital costs jump

One of Australia’s biggest private hospital operators plunged into the red as wage and medical supplies costs climbed, and it booked a big impairment.

  • Simon Evans

Original URL: https://www.afr.com/topic/hospitals-5yd