Healthscope is a
for-profit Australian company which operates
private hospital
A private hospital is a hospital not owned by the government, including for-profits and non-profits. Funding is by patients themselves ("self-pay"), by insurers, or by foreign embassies. Private hospitals are commonly part, albeit in varying deg ...
s, medical centres and
rehabilitation hospital Rehabilitation hospitals, also referred to as inpatient rehabilitation hospitals, are devoted to the rehabilitation of patients with various neurological, musculoskeletal, orthopedic, and other medical conditions following stabilization of their ac ...
s. The company is headquartered on
St Kilda Road, Melbourne. It operates medical/surgical hospitals and a number of
psychiatric
Psychiatry is the medical specialty devoted to the diagnosis, prevention, and treatment of mental disorders. These include various maladaptations related to mood, behaviour, cognition, and perceptions. See glossary of psychiatry.
Initial psy ...
and
rehabilitation hospital Rehabilitation hospitals, also referred to as inpatient rehabilitation hospitals, are devoted to the rehabilitation of patients with various neurological, musculoskeletal, orthopedic, and other medical conditions following stabilization of their ac ...
clinics.
History
Healthscope is a private healthcare provider in Australia with 41 hospitals.
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
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth c ...
and
The Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and ...
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.
[http://www.afr.com/business/health/healthscope-sells-pathology-arm-to-crescent-capital-for-105m-20150623-ghuzxsIn ]
In August 2017, Healthscope sold their Medical Centres portfolio to Singapore-based
Fullerton Healthcare.
On 6 June 2019, Canadian firm Brookfield Business Partners LLP announced completion of its takeover of Healthscope. Brookfield partnered with institutional investors including the
Caisse de dépôt et placement du Québec, and the CDPQ maintains a minority stake in Healthscope.
Hospitals and facilities run by Healthscope
Hospitals
Healthscope operates and manages 41 private hospitals in Australia, which includes twelve mental health facilities, and six rehabilitation hospitals as well as managing 15 residential care houses through Healthscope Independence Services.
*
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, establishe ...
**Brisbane Private Hospital
**
Gold Coast Private Hospital (previously Allamanda Private Hospital)
[Lucy Ardern, Healthscope to fast track Gold Coast Private Hospital after confirming Allamanda closure, (23 April 2015)]
''Gold Coast Bulletin
The ''Gold Coast Bulletin'' is a daily newspaper serving Australia's Gold Coast region.
It is published as ''The Gold Coast Bulletin'' on weekdays and the ''Weekend Bulletin'' at weekends.
It is owned by News Corp Australia.
History
The ...
''. Retrieved 4 April 2016
**Pacific Private Hospital
**Peninsula Private Hospital
**Pine Rivers Private Hospital
**Sunnybank Private Hospital
*
New South Wales
)
, nickname =
, image_map = New South Wales in Australia.svg
, map_caption = Location of New South Wales in AustraliaCoordinates:
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, es ...
**Campbelltown Private Hospital
**Lady Davidson Private Hospital
**Hunter Valley Private Hospital
**Nepean Private Hospital
**Newcastle Private Hospital
**
Northern Beaches Hospital
The Northern Beaches Hospital is a hospital in Frenchs Forest, located in the Northern Beaches region of Sydney, New South Wales, Australia.
History
In May 2013 the State Government announced the Northern Beaches Hospital would be built in F ...
**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
The Australian Capital Territory (commonly abbreviated as ACT), known as the Federal Capital Territory (FCT) until 1938, is a landlocked federal territory of Australia containing the national capital Canberra and some surrounding townships. I ...
**National Capital Private Hospital
*
Victoria
Victoria most commonly refers to:
* Victoria (Australia), a state of the Commonwealth of Australia
* Victoria, British Columbia, provincial capital of British Columbia, Canada
* Victoria (mythology), Roman goddess of Victory
* Victoria, Seychelle ...
**Bellbird Private Hospital
**Dorset Rehabilitation Centre
**Frankston Private Hospital
**Geelong Private Hospital. Closed: site reverted to Barwon Health
**Holmesglen Private Hospital
**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
)
, nickname =
, image_map = Tasmania in Australia.svg
, map_caption = Location of Tasmania in AustraliaCoordinates:
, subdivision_type = Country
, subdi ...
**
Hobart Private Hospital
**St Helen's Private Hospital (Mental Health facility)
*
South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories ...
**
Adelaide Community Healthcare Alliance
***
Ashford Hospital
***Flinders Private Hospital
***The Memorial Hospital
**Griffith Rehabilitation Hospital
** Parkwynd Private Hospital. Closed in April 2021
*
Western Australia
Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to th ...
**Mount Hospital
*
Northern Territory
The Northern Territory (commonly abbreviated as NT; formally the Northern Territory of Australia) is an Australian territory in the central and central northern regions of Australia. The Northern Territory shares its borders with Western Aust ...
**Darwin Private Hospital
Mental Health Services
Healthscope Hospitals is the largest operator of private inpatient mental health facilities in Australia with 12 hospitals providing care.
Healthscope Hospitals provide treatment for mental health issues and for
substance use disorders.
Healthscope Hospitals offering Mental Health Services
* Brisbane Private Hospital (Brisbane, Qld)
* Campbelltown Private Hospital (Campbelltown, 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 Darwin Clinic (Darwin, NT)
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)
* 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)
* Hunter Valley Private Hospital (Newcastle, NSW)
* 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 sold its New Zealand pathology business in August 2020 to NZ Super.
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.
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
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
under the stock code HSP. The company completed an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
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
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and ...
. 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
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange. The index is maintained by Standard & Poor's and is considered the benchmark for Australi ...
Index under the stock code HSO. As at June 2019, Healthscope was removed from the official list of ASX traded companies as they were acquired by Brookfield.
References
External links
*
The web site for the Gribbles Group
{{S&P/ASX 200
Brookfield Asset Management
Companies based in Melbourne
Companies formerly listed on the Australian Securities Exchange
Health services companies of Australia
1985 establishments in Australia
Caisse de dépôt et placement du Québec companies