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The Guardian - AU
The Guardian - AU
National
Jonathan Barrett and Elias Visontay with Australian Associated Press

Private hospital giant Healthscope falls into receivership after lenders withdraw support

Healthscope Mark Butler McGrathNicol
A general view of Northern Beaches hospital in Sydney, operated by Healthscope
Northern Beaches hospital in Sydney. Healthscope says its 37 hospitals will remain open with no impact on staff, doctors or patient care. Photograph: Dan Himbrechts/AAP

The indebted private healthcare provider Healthscope, operator of Sydney’s embattled Northern Beaches hospital, has fallen into receivership after its lenders withdrew support.

Healthscope, backed by global investment firm Brookfield, had been renegotiating its finances with lenders after accruing $1.6bn in debt and defaulting on various lease payments.

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