Healthscope: Consortium set to take over private hospital provider
Healthscope, Australia's second-largest private hospital operator, is being divided among a consortium of providers following its entry into receivership. The deal aims to stabilize operations and ensure continuity of care for patients across 25 hospitals.
Why it matters
The restructuring of a major healthcare provider is a significant event for the Australian private health sector and its workforce.
- 2.42am . First published at 2.11am
shares Share article Australia’s second-biggest private hospital operator Healthscope is set to be split up, under a private equity agreement announced on Monday.
The beleaguered healthcare company’s lenders backed the deal to divide Healthscope between a consortium of private health providers.
The Prince of Wales Hospital in eastern Sydney is set to be owned by part of a consortium acquiring Healthscope. Peter Rae
Healthscope fell into receivership in May 2025 as it battled a debt bill worth about $1.6 billion.
Under the deal, 14 of the company’s remaining 25 hospitals will be run by not-for-profit firm Calvary Health Care.
Calvary will also acquire Healthscope’s central corporate and head office functions and manage the transfer of individual hospitals to other operators.
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