This Month
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
- Exclusive
- Healthcare
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
- Opinion
- Chanticleer
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
- Opinion
- Chanticleer
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
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
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
June
- Opinion
- Opinion
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
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
- Exclusive
- Healthcare
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
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 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
- Opinion
- Chanticleer
How under the radar I-MED is fighting fit after 20-year PE job
Tucked away in private equity, it is easy to forget about Australia’s biggest imaging company I-MED. But it is worth watching this year; it has a few ideas on the boil.
- Anthony Macdonald
Meet the doctors whose virtual ED is easing the load on hospitals
In outer Melbourne, a virtual emergency department has offered 250,000 patients treatment and created a model to help keep ageing Baby Boomers out of hospital.
- Tom Burton
- Opinion
- Chanticleer
Adieu: Ramsay Health Care’s shrinking global ambition
Under-pressure Ramsay Health Care is taking a fresh look at its footprint, which could mean a major change in its strategy. Watch this space.
- Anthony Macdonald
March
- Opinion
- Chanticleer
David Di Pilla draws line in the sand at Healthscope
David Di Pilla’s HMC Capital wants to make a few things clear about where it stands as a landlord to struggling hospital operator Healthscope.
- James Thomson
Healthscope lenders ready to bring out big guns as talks heat up
The lenders have sought pitches from Alvarez and Marsal, and AlixPartners, to work alongside Ashurst’s Shawn Wytenburg and James Marshall.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
The real story behind Healthscope’s restructure
As the Brookfield-owned Healthscope enters restructuring talks with its army of lenders, a much deeper crisis is playing out across the private hospital sector.
- Updated
- James Thomson
Queensland private hospitals group Mater Health weighs its options
Sources said KordaMentha has been in-and-around the business, advising on things like business performance and financial modelling for individual hospitals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lawyers swarm Healthscope’s $1.6b debt restructure
It’s lawyers at ten paces, as private hospitals group Healthscope hunkers down to negotiate a restructure of its $1.6 billion debt amid shrinking insurance payouts.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Healthscope calls in restructuring specialists
Canadian infrastructure giant Brookfield’s private hospitals business Healthscope has called in restructuring specialists, as insurers tighten their fists on payouts to the sector.
- Sarah Thompson, Kanika Sood and Emma Rapaport