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
- Opinion
- Chanticleer
Hospitals are the pain point in the private health sector
NIB boss Mark Fitzgibbon acknowledges private hospitals are under pressure. Tuesday’s rise in health insurance premiums will kick off a new battle.
- James Thomson
February
- Opinion
- Chanticleer
Ramsay shows belts are tightening on new investments
Ramsay Health Care has lifted its hurdles for new investments. Investors want to see more.
- Anthony Macdonald
Integral Diagnostics tops PEP Secure Assets Fund’s radiology hit list
PEP’s SAF is far from the first core-plus strategy to get into radiology assets, considered a social infrastructure play.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Private hospital values up more than 15pc in nine months: HealthCo
While other commercial property asset classes such as offices and malls are still enduring writedowns, hospital values are being boosted by a number of tailwinds.
- Larry Schlesinger
January
Permira-owned I-MED has Morgan Stanley on hand for $4b sale
Today, earnings are well north of $200 million across 250 clinics – testament to Permira’s management of the business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Opinion
Why home is better than hospital
Patients can often be treated at home just as well as in expensive hospitals. But private health insurers have too little incentive to fund it.
- Jason Kara
December 2023
- Opinion
- Health insurance
Keeping premiums affordable requires modern healthcare
If Labor wants to keep health insurance affordable to take pressure off the public system, tougher reforms are needed to make our health system more efficient and sustainable.
- Rachel David
Medical device company CathRx gathers fresh funds
Street Talk understands the global medical device company has ruled off a $4 million bridge round led by Acova Capital and Bioshore Capital Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Cura Day Hospitals auction in rude health; binding offers due
Cura is a much larger investment – and there’s bound to be some unhappy rival health insurers – but there’s no doubt Medibank and Macquarie are keen to buy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2023
Integral Diagnostics chair pops up for Partners Group at Cura auction
The Zug-headquartered private equity firm is serious about its tilt as it jostles with Intermediate Capital Group and a Medibank/Macquarie consortium.
- Sarah Thompson, Kanika Sood and Emma Rapaport
