Healthscope's Northern Beaches Hospital on track to admit first patients 30 October

Company News

by Anna Napoli

Private healthcare group Healthscope (ASX:HSO) has today announced it's on track to admit the first patients to its Northern Beaches Hospital on October 30 as planned.

The company has achieved all state government milestones in relation to the hospital and will transfer patients from existing Manly and Mona Vale public hospitals from next week.

MD and CEO Gordon Ballantyne says the partnership between Healthscope, Northern Sydney Local Health District and the NSW Government has the potential to become a new model in healthcare delivery in Australia.

Shares in the company surged almost 20 per cent yesterday on news a private equity consortium had returned with a renewed takeover proposal.

Shares in Healthscope (ASX:HSO) shares are up 0.23 per cent to $2.14

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.