Healthscope

Healthscope
Public (ASX: HSO)
Founded 1985
Headquarters 312 St Kilda Road, Melbourne, Australia
Services Private Healthcare
Divisions Hospitals, Medical Centres, International Pathology Services
Website http://www.healthscope.com.au/

Healthscope is an Australian company which operates private hospitals, medical centres and International pathology services. The company is headquartered in St Kilda Road, Melbourne. The company operates medical/surgical hospitals as well as a number of psychiatric and rehabilitation clinics.

History

Formed in 1985, the Healthscope Group has a long and proud 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 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.[1]

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.

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

The programs available at Healthscope Hospitals include:

Rehabilitation Services

Healthscope Hospitals offering Rehabilitation Services

Healthscope Pathology

In July 2015 Healthscope sold its Australian Pathology business to Crescent Capital Partners. Healthscope retains its International Pathology division.[1]

Healthscope Medical Centres

Healthscope’s Medical Centre division includes medical centres and specialist skin clinics across Australia, as well as one specialist breast diagnostic clinic- Sydney Breast Clinic.

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. Today Healthscope stock is part of the S&P/ASX 200 Index under the stock code HSO. [4]

References

  1. 1 2 http://www.afr.com/business/health/healthscope-sells-pathology-arm-to-crescent-capital-for-105m-20150623-ghuzxsIn
  2. ↑ Lucy Ardern, Healthscope to fast track Gold Coast Private Hospital after confirming Allamanda closure, (23 April 2015), Gold Coast Bulletin, Retrieved 4 April 2016]
  3. ↑ Tim Binsted (2015-11-19). "Healthscope buys Hunter Valley Private hospital for $71.3m". Smh.com.au. Retrieved 2016-04-06.
  4. ↑ "Healthscope float: first day success sign of more IPOs to come - ABC News (Australian Broadcasting Corporation)". Abc.net.au. 2014-07-29. Retrieved 2016-04-06.
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