Healthscope reaches agreement with senior lenders
11 March 2025
Healthscope has entered into short term forbearance arrangements with the requisite majority of its senior lenders. The arrangements are in place until May.
These arrangements provide time and enhanced liquidity for Healthscope to focus on agreeing a longer-term solution for the business with its key stakeholders.
As part of these forbearance arrangements, Healthscope will commence preparations for a potential sale of the business, and concurrently engage in broader restructure discussions with its key stakeholders. This forbearance provides stability of ongoing operations, and a greater likelihood of a longer-term solution in the best interests of all stakeholders.
Healthscope has also agreed a short-term deferral with a key landlord, Northwest Healthcare Properties REIT (NWH), who has been constructive in the process.
Having achieved these milestones we will also re-engage with the HMC managed entities and invite HMC to participate in discussions on longer term solutions that ensure relevant hospitals can sustainably operate.
HMC and potential partners are also said to be considering an offer for Healthscope. Healthscope has not received any proposal from HMC or any other potential partner.
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For more information contact media@healthscope.com.au
Background: Healthscope is Australia’s only national private healthcare provider, operating 38 hospitals across the country, and employing over 18,000 people. Healthscope offers world-class patient care, including medical and surgical services, mental health treatment and rehabilitation services.
