Private hospital giant Healthscope falls into receivership after lenders withdraw support

Concerns over patient care at the Healthscope-run Northern Beaches hospital sparked criticism of public-private health sector partnershipsAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe 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.Sign up for Guardian Australia’s breaking news email Continue reading...

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