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The Guardian - AU

National

Jonathan Barrett and Natasha May

The fall of Healthscope: bad luck, bad decisions, or is Australia’s private health model sick?

Healthscope Australia Francesco Paolucci Brookfield Mark Butler Mark Fitzgibbon Peter Breadon Rachel David Pandemic

A face mask sits in the gutter — The Covid-19 pandemic exacerbated Healthscope’s financial pressures as elective surgeries were postponed or cancelled. Photograph: James D Morgan/Getty Images

Investing in hospitals is viewed as a safe bet. People regularly get sick and the population ages.

Australian private hospitals have the added advantage of being backed by a government-supported private healthcare system.

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