Private hospital giant Healthscope falls into receivership after lenders withdraw support
by Jonathan Barrett and Elias Visontay with Australia from on (#6XHGZ)
Concerns over patient care at the Healthscope-run Northern Beaches hospital sparked criticism of public-private health sector partnerships
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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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