Healthscope

Healthscope is a for-profit Australian company which operates private hospitals, medical centres and International pathology services. The company is headquartered on St Kilda Road, Melbourne. It operates medical/surgical hospitals and a number of psychiatric and rehabilitation clinics.

Healthscope
TypeSubsidiary
IndustryHealthcare
Founded1985
Headquarters
312 St Kilda Road, Melbourne
,
Australia
Key people
Steven Rubic (CEO 2019-present)
ServicesPrivate healthcare
DivisionsHospitals, International pathology,
Websitehealthscope.com.au

History

Healthscope is a private healthcare provider in Australia with 45 hospitals. With pathology operations across New Zealand, Malaysia and Singapore.[1]

Formed in 1985, the Healthscope Group has a long history in the private health care industry, and was initially listed on the Australian Securities Exchange (ASX) in 1994.

In October 2010 the Healthscope business was acquired by a consortium of funds, advised and managed by TPG Capital and The Carlyle Group and was subsequently de-listed from the ASX. Following a period of successful growth under private ownership, the Healthscope business was re-listed on the ASX on 28 July 2014.

In July 2015 Healthscope sold its Australian Pathology division to Crescent Capital Partners.[2]

In August 2017, Healthscope sold their Medical Centres portfolio to Singapore-based Fullerton Healthcare.[3]

On 6 June 2019, Canadian firm Brookfield Business Partners LLP announced completion of its takeover of Healthscope.[4] Brookfield partnered with institutional investors including the Caisse de dépôt et placement du Québec, and the CDPQ maintains a minority stake in Healthscope.[5]

Hospitals and facilities run by Healthscope

Hospitals

Healthscope operates and manages 46 private hospitals in Australia, seven mental health facilities, six rehabilitation and extended care facilities.

  • Queensland
    • Brisbane Private Hospital
    • Gold Coast Private Hospital (previously Allamanda Private Hospital)[6]
    • Pacific Private Hospital
    • Peninsula Private Hospital
    • Pine Rivers Private Hospital
    • Sunnybank Private Hospital
  • New South Wales
    • Campbelltown Private Hospital
    • Lady Davidson Private Hospital
    • Hunter Valley Private Hospital[7]
    • Nepean Private Hospital
    • Newcastle Private Hospital
    • Northern Beaches Hospital
    • Norwest Private Hospital
    • Prince of Wales Private Hospital
    • Sydney Southwest Private Hospital
    • The Hills Private Hospital
    • The Sydney Clinic
    • Tweed Day Surgery
  • Australian Capital Territory
    • National Capital Private Hospital
  • Victoria
    • Bellbird Private Hospital
    • Cotham Private Hospital
    • Dorset Rehabilitation Centre
    • Frankston Private Hospital
    • Geelong Private Hospital. Closed: site reverted to Barwon Health
    • Holmesglen Private Hospital[8]
    • John Fawkner Private Hospital
    • Knox Private Hospital
    • La Trobe Private Hospital
    • Melbourne Private Hospital
    • North Eastern Rehabilitation Centre
    • Northpark Private Hospital
    • Ringwood Private Hospital
    • The Geelong Clinic
    • The Melbourne Clinic
    • The Victoria Clinic
    • The Victorian Rehabilitation Centre
  • Tasmania
  • South Australia
  • Western Australia
    • Mount Hospital
  • Northern Territory
    • Darwin Private Hospital

Mental Health Services

Healthscope Hospitals is the largest operator of private inpatient mental health facilities in Australia with 14 hospitals providing care. Healthscope Hospitals provide treatment for mental health issues and for drug and alcohol abuse.

Healthscope Hospitals offering Mental Health Services

  • Brisbane Private Hospital (Brisbane, Qld)
  • Campbelltown Private Hospital (Campbelltown, NSW)
  • Mosman Private Hospital (Mosman, NSW)
  • Northpark Private Hospital (Bundoora, Vic)
  • Pine Rivers Private Hospital (Strathpine, Qld)
  • St Helen's Private Hospital (Hobart)
  • Sydney Southwest Private Hospital (Liverpool, NSW)
  • The Geelong Clinic (Geelong, Vic)
  • The Hills Private Hospital (Baulkham Hills, NSW)
  • The Melbourne Clinic (Richmond, Vic)
  • The Sydney Clinic (Randwick, NSW)
  • The Victoria Clinic (Prahran, Vic)

The programs available at Healthscope Hospitals include:

  • Mood & Anxiety Disorders
  • Eating Disorders
  • Addiction Services
  • Post Traumatic Stress Disorder (PTSD)
  • Personality Disorders
  • Aged Psychiatry
  • Psychosis Obsessive Compulsive Disorder (OCD)
  • Postnatal Depression
  • Innovative Treatments for Depression (TMS)

Rehabilitation Services

Healthscope Hospitals offering Rehabilitation Services

  • Brisbane Private Hospital (Brisbane, Qld)
  • Como Private Hospital (Parkdale, Vic)
  • Cotham Private Hospital (Kew, Vic)
  • Campbelltown Private Hospital (Campbelltown, NSW)
  • Darwin Private Hospital (Darwin, NT)
  • Dorset Rehabilitation Centre (Pascoe Vale, Vic)
  • Geelong Private Hospital (Geelong, Vic)
  • Griffith Rehabilitation Hospital (Hove, SA)
  • Gold Coast Private Hospital (Southport, Qld)
  • Hobart Private Hospital (Hobart, Tas)
  • Lady Davidson Private Hospital (North Turramurra, NSW)
  • Mount Hospital (Perth, WA)
  • National Capital Private Hospital (Canberra, ACT)
  • Newcastle Private Hospital (Newcastle, NSW)
  • North Eastern Rehabilitation Centre (Ivanhoe, Vic)
  • Peninsula Private Hospital (Kippa-Ring, Qld)
  • Sunnybank Private Hospital (Sunnybank, Qld)
  • The Hills Private Hospital (Baulkham Hills, NSW)
  • The Victorian Rehabilitation Centre (Glen Waverley, Vic)

Healthscope Pathology

In July 2015 Healthscope sold its Australian Pathology business to Crescent Capital Partners. Healthscope retains its International Pathology division.[2]

Healthscope Medical Centres

In August 2017, Healthscope sold their Medical Centres division including a portfolio of 43 medical centres, four specialist skin clinics and one specialist breast diagnostic clinic to Fullerton Health Care.[3]

Healthscope Independence Services

Healthscope Independence Services is a provider of unique accommodation, attendant care and in-home services to individuals with acquired brain injuries, other disabilities or complex conditions and others leaving hospital requiring extra support at home. Healthscope Independence Services provides long-term, short-term, transitional and respite options in metropolitan Melbourne, regional Victoria, New South Wales and Darwin in the Northern Territory.

Ownership

Healthscope was a public company whose stock was traded on the Australian Stock Exchange under the stock code HSP. The company completed an initial public offering in 1994 when it raised A$70 million by issuing 40 million shares at A$1.75 each. In 2010, Healthscope was acquired by The Carlyle Group. It was managed by TPG and The Carlyle Group and was later re-added to the ASX on 28 July 2014. From July 2014, Healthscope stock was again part of the S&P/ASX 200 Index under the stock code HSO.[9] As at June 2019, Healthscope was removed from the official list of ASX traded companies due to the Brookfield takeover.[10]

References
  1. http://healthscope.com.au/application/files/3715/0344/5418/HS_Annual%20Report%20FY17_v15_FA_low.pdf
  2. http://www.afr.com/business/health/healthscope-sells-pathology-arm-to-crescent-capital-for-105m-20150623-ghuzxsIn
  3. "Fullerton Healthcare buys medical centre operations of Australia's Healthscope". 18 August 2017.
  4. "Brookfield Business Partners Completes Acquisition of Healthscope". Brookfield Business Partners. Retrieved 1 August 2019.
  5. "CDPQ closes investment in Australian private hospital operator Healthscope". Caisse de dépôt et placement du Québec. 29 August 2019. Retrieved 16 February 2020.
  6. Lucy Ardern, Healthscope to fast track Gold Coast Private Hospital after confirming Allamanda closure, (23 April 2015), Gold Coast Bulletin. Retrieved 4 April 2016
  7. Tim Binsted (19 November 2015). "Healthscope buys Hunter Valley Private hospital for $71.3m". The Sydney Morning Herald. Retrieved 6 April 2016.
  8. "Homesglen Private Hospital officially opened". 26 April 2017.
  9. "Healthscope float: first day success sign of more IPOs to come – ABC News (Australian Broadcasting Corporation)". Australian Broadcasting Corporation. 29 July 2014. Retrieved 6 April 2016.
  10. "Company Announcements for HEALTHSCOPE LIMITED (HSO)". Australian Stock Exchange. 11 June 2019. Retrieved 12 August 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.