From www.abc.net.au: Healthscope, Australia’s second-largest private hospital operator, collapsed after struggling with massive debt and financial mismanagement following its acquisition by Brookfield in 2019.

The company defaulted on rental payments and faced criticism for introducing controversial fees for patients, leading to conflicts with health insurers.

Experts warn that Healthscope’s demise highlights the dangers of private equity in the healthcare sector and may signal a shift toward greater public control of hospital services in Australia.