28
May 2025
Healthscope Support Helps Hospitals Stay Afloat as Buyer Search Continues
Published in News on May 28, 2025
 
                                                            Healthscope, Australia's second-largest private hospital operator, has entered receivership due to significant financial distress. In response, Commonwealth Bank and Westpac have extended a $100 million funding lifeline to maintain operations across its 37 hospitals while a search for new ownership is underway.
The company's financial troubles stem from a combination of factors, including high rental costs following the 2019 sale of its properties by owner Brookfield, rising staff expenses, and inadequate insurer reimbursements, all exacerbated by the COVID-19 pandemic. These challenges led to Healthscope ceasing interest and rent payments, prompting the appointment of McGrathNicol as receiver.
Despite the receivership, Healthscope's hospitals continue to operate under the administration of KordaMentha. The company holds approximately $110 million in cash reserves and has attracted ten formal bids, with more anticipated. Potential buyers include not-for-profit healthcare providers such as Calvary, St Vincent's, and Epworth HealthCare, who are interested in acquiring profitable assets from Healthscope's portfolio.
To facilitate a smoother transition and expedite a sale, Healthscope's CEO, Tino La Spina, negotiated rent reductions with landlords. HMC Capital, owning 11 of Healthscope's sites, agreed to a partial rent deferral, easing financial pressures and stabilising operations in the short term.
The federal government has expressed concerns over a potential sale to international private equity firms, emphasising the need to preserve the integrity of Australia's healthcare system. As the situation evolves, stakeholders are working to ensure the continuity of care for patients and the stability of employment for healthcare workers across the nation.
In the context of this uncertainty, accommodation for patients and families remains a key concern, especially for those travelling long distances for care. Services like Hospital Stays offer support by connecting patients and carers with trusted, hospital-adjacent accommodation options across Australia. Many state governments also offer Patient Travel Assistance Schemes (e.g., VPTAS in Victoria and IPTAAS in New South Wales) to subsidise travel and lodging costs for those in rural and remote areas who must access metropolitan health services.
 
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
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In Australia, one in four people lives with a disability, yet the travel system has often failed to accommodate varied needs. Autism-inclusion advocates at Aspect Autism Friendly have welcomed the government’s updated guidelines that let autistic travellers keep their noise-reducing headphones on during screening, calling it a “major step” toward more accessible air travel.
Dr Tom Tutton, head of Aspect Autism Friendly, emphasises the significance of travel in people’s lives: it connects them with family, supports work and learning, and offers new experiences. But he notes the typical airport environment can be especially intense for autistic travellers:
“Airports are busy, noisy, random and quite confusing places … you’ve got renovations, food courts, blenders, coffee grinders, trolleys clattering … and constant security announcements. It’s really, really overwhelming.”
“What might be an irritation for me is something that would absolutely destroy my colleague [who has autism]. Surprise noises of a certain tone or volume can genuinely be experienced as painful.”
Under the new policy — now published on the Australian Government’s Department of Home Affairs website — passengers who rely on noise-cancelling headphones as a disability support may request to wear them through body scanners. The headphones may undergo secondary inspection instead of being forcibly removed.
Dr Tutton describes this adjustment as small in procedure but huge in impact: it removes a key point of sensory distress at a critical moment in the journey. Aspect Autism Friendly is collaborating with airports to ensure that all security staff are informed of the change.
For many autistic travellers, headphones aren’t just optional — they are essential to navigating loud, unpredictable environments. Until now, being required to remove them during security has caused distress or even deterred travel.
Aspect Autism Friendly also works directly with airports, offering staff training, autism-friendly audits, visual stories, sensory maps, and other accommodations. Their prior collaborations include autism-friendly initiatives with Qantas. Dr Tutton notes:
“Airports have become this big focus for us of trying to make that little bit of travel easier and better.”
He advises people planning trips for travellers with disabilities to consult airport websites ahead of time. Some airports already offer quiet rooms or sensory zones — Adelaide, for instance, provides spaces where travellers can step away from the noise and regroup before boarding.
Beyond helping autistic individuals, Dr Tutton believes that more accessible airports benefit everyone. “These supports help lots of other people too,” he says. “When people are more patient, kind and supportive, the benefits flow to everyone. We all prefer environments that are well-structured, sensory-friendly, predictable and easy to navigate.”](https://c3eeedc15c0611d84c18-6d9497f165d09befa49b878e755ba3c4.ssl.cf4.rackcdn.com/photos/blogs/article-1061-1759742013.jpg) 
                                                                                    