Healthscope Addresses Media on Collapse

Collapsed Australian hospital operator Healthscope receives 10 non-binding offers, CEO says

Australia's Healthscope has received 10 non-binding indicative offers in a sale process that would take eight to 10 weeks to complete, its CEO said after the nation's second-largest private hospital operator was put into receivership on Monday.

Labor’s vow after $1.4bn Healthscope collapse

Taxpayers will not be step in after embattled healthcare provider Healthscope collapsed into receivership, owing $1.4bn to creditors.

Healthscope addresses media on collapse

Healthscope speaks to the media following news it had appointed an administrator to manage its private hospitals.

Australia’s 2nd Largest Private Hospital Group Falls Into Receivership

Healthscope, Australia’s second-largest private hospital operator, has been placed into receivership by its lenders, with corporate restructuring firm McGrathNicol appointed to oversee the process. The embattled healthcare group, owned by North American private equity firm Brookfield, has struggled under the weight of $1.6 billion in debt and has defaulted on several lease payments. Despite the financial upheaval, the company has confirmed that …

Private health giant falls into receivership, putting 37 hospitals up for sale

Major private health group Healthscope has fallen into receivership and is seeking to sell all of its hosp...

Healthscope collapses into receivership

Australia's second-largest private hospital operator, which runs 37 hospitals across the country and employs about 19,000 people, has appointed receivers.