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

The company has confirmed that hospital operations will remain unaffected, and there will be no immediate impact on patients or staff.

A general view of signage at Hobart Private Hospital, in Hobart, Tasmania, on Feb. 20, 2025. Healthscope has decided to close maternity wards at Darwin Private Hospital and Hobart Private Hospital, citing declining birth rates and staffing challenges. AAP Image/Ethan James

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.