Yesterday
How to save hospitals ‘staring into the abyss’
The debate between care providers and insurers is raging. And having heard from all sides, good luck to up-for-sale hospitals giant Healthscope.
Labor’s hospital funding push to cost health funds $1b a year
The health minister said there had been a “shift up in profitability and management expenses of insurers” as he urged them to negotiate with care providers.
This Month
Di Pilla spruiks Healthscope bid, says he’ll keep hospitals running
The veteran dealmaker’s HMC Capital has been eyeing the country’s second-largest operator of private hospitals, and says his proposal is “a serious one”.
March
Hedge fund interest in Healthscope triggers break-up concerns
The country’s second-largest private hospital operator is negotiating with lenders to stave off insolvency in the middle of a federal election campaign.
The battle to save Healthscope is about more than money
The fight over the hospital giant will pit heavyweight deal makers against each other. And questions of politics and social licence will make it complicated.
HCF chief Sheena Jack resigns with a warning about healthcare’s future
The head of one of the country’s biggest health insurers says she’s not convinced private equity should be allowed to invest in hospitals.
Di Pilla’s HMC Capital is elbows-first with Healthscope proposal
It is understood the approach was made directly to Brookfield, and it remains to be seen if it will pass muster with Healthscope’s lenders.
Healthscope preparing for potential sale after reaching lender deal
The Brookfield-owned private health operator says it is preparing for a potential sale of the business as part of options being explored with its lenders.
Insurers propose rescue package to end hospital payment feud
Health insurers are offering hospitals immediate funding relief but only if the government agrees to make medical devices cheaper.
Bang! First shot fired in Healthscope battle
A second game of brinkmanship is brewing, and it has the same explosive features as casino owner Star Entertainment: debt, private equity, jobs and government.
‘Game on’: David Di Pilla closes in on Healthscope
David Di Pilla’s HMC Capital is closing in on Healthscope after Australia’s second-largest private hospital operator failed to pay all the rent due on its 11 hospitals.
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.
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.
Is Ramsay Health Care whipping itself into a frenzy?
The private hospital lobby is turning on itself and Labor is making mileage from it.
Advent eyes quick radiology flip with PEP on the scene
PEP is understood to me in talks to buy Advent Partners’s Imaging Associates with Sayers Group on the scene to advise.
Amid global chaos, we are still the lucky country. Here’s why
Australians should step back and recognise the strength of the institutions that underpin our world-beating prosperity, writes Andrew Low.
January
Top doctors tip into AI medtech capital raising
The raise was led by Chris O’Brien Lifehouse chief executive and oncologist Michael Boyer and leading orthopedic surgeon Michael Solomon.
December 2024
Only one thing can end the $22b private health war
Brookfield’s latest fund injection into Healthscope is more evidence of the need for the government to step in to try to resolve a desperate and messy issue.