Scott Power: ASX Health Stocks Rise as Healthscope Landlord Agrees to Rent Deferral Deal

Scott Power: ASX health stocks rise as Healthscope landlord agrees to rent deferral deal

ASX health stocks up 1.2% over past five days while the broader market is up 0.8%  HealthCo REIT agrees to short-term partial rent deferral with troubled Healthscope and its receivers New-Zealand-based soft-tissue repair company Aroa Biosurgery delivers maiden full-year profit Healthcare and life sciences expert Scott Power, who has been a senior analyst with Morgans Financial for 27 years, gives his take on the ASX healthcare sector for the wee…

Healthco Healthcare and Wellness REIT rips 17% higher on Healthscope update

The Healthco Healthcare and Wellness REIT (ASX: HCW) flew out of the gates on Friday, soaring 16.87% to 97 cents per unit shortly after the market open. The real estate investment trust (REIT) has since retraced to 90 cents per share, up 8.5%. The HCW REIT's share price surge follows a statement regarding private healthcare provider, Healthscope. Healthscope leases four hospitals directly owned by the HealthCo Healthcare REIT and another seven o…