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.
Greg Horan, the chief executive of private hospital operator Healthscope, is preparing to conduct two delicate surgeries.
Healthscope, which was acquired by Canadian investment giant Brookfield in 2019 for $4.4 billion, is in the early stages of working through a restructuring plan with its large group of lenders, according to a report in The Australian Financial Review’s Street Talk column this week – a staggering 100 people dialled into an initial call with Horan and his advisers from MA Financial.
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