Hospital Stays Blog - Tips, News and Accommodation Reviews
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Mar 2024
Ipswich Hospital Expansion Project Approaches Completion
Published in News on March 25, 2024
Stage 1 of the expansion is nearing its final stages, with the former mental health building demolished and detailed designs for Stage 2 currently in progress. Early preparations for Stage 2 are scheduled to commence in April, paving the way for the primary construction phase later this year. Completion of the project is anticipated by late 2027. This initiative is a key...
Read More22
Mar 2024
Hospitals represent a significant challenge within the private healthcare sector
Published in News on March 22, 2024
The yearly reset of private health insurance premiums follows a familiar pattern. The federal health minister typically announces measures aimed at pressuring private health insurers. Meanwhile, insurers emphasize their efforts to limit premium increases for their customers. Unfortunately, it's often the ordinary families who end up bearing the brunt of the latest premiu...
Read More20
Mar 2024
HealthCo reports that private hospital values have surged by over 15% in a span of nine months.
Published in News on March 20, 2024
Despite the broader decline in commercial property values, private hospitals have experienced a remarkable increase of over 15% between March and December. This information comes from ASX-listed HealthCo Healthcare & Wellness REIT, the largest owner of healthcare property in the country. The REIT recorded a net valuation gain of approximately $200 million in a portfolio com...
Read More19
Mar 2024
Hospital funding changes a welcome start as system struggles
Published in News on March 19, 2024
This week, we greeted the National Cabinet's announcement regarding alterations to public hospital funding and a significant investment in primary care with enthusiasm. These developments come in response to our ongoing advocacy for reforms in public hospital funding and measures to tackle the crisis in primary care. Following the National Cabinet meeting, the Prime Mini...
Read More18
Mar 2024
Wesley Mission will close two mental health hospitals in Sydney after unsuccessful attempts to transfer their services to another provider.
Published in News on March 18, 2024
Two private mental health hospitals in Sydney, Kogarah and Ashfield, are set to close within six weeks, eliminating around 70 inpatient beds. Wesley Mission, the provider of mental health treatment and addiction support at these hospitals, has opted to shut them down after unsuccessful attempts to sell the services to another health provider. Instead, the organization plans to...
Read More15
Mar 2024
The 'silver tsunami' is coming, and experts warn Australia needs to do more, starting now
Published in News on March 15, 2024
Margot Lodge checks a device intended to connect to Douglas Hill's hearing aid, while Hill indicates that one of his hearing aids is not in place. He humorously suggests it might be misplaced under his shoulder. Having resolved the communication hurdles, Dr. Lodge introduces herself. "As a geriatrician, I specialize in providing medical care for older individuals...
Read More12
Mar 2024
HealthCo reports a surge of over 15% in the values of private hospitals within a nine-month period.
Published in News on March 12, 2024
Private hospitals have bucked the trend of declining commercial property values, experiencing a notable increase of over 15% from March to December. This information comes from HealthCo Healthcare & Wellness REIT, the largest listed owner of healthcare property on the ASX. A portfolio comprising 11 Healthscope-operated properties experienced a substantial net valuation g...
Read More11
Mar 2024
Private hospitals raise concerns as insurance premiums increase.
Published in News on March 11, 2024
A prominent health insurance provider has cautioned that the struggling private hospital system is grappling with escalating costs, coinciding with a growing trend of patients opting for day surgery over prolonged stays, leading to declining revenues. The industry's main association has issued warnings about potential hospital closures due to increasing losses, with 16 f...
Read More10
Mar 2024
Macquarie Asset Management is set to acquire Beacon Hospital.
Published in News on March 10, 2024
Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, is poised to acquire Beacon Hospital following the acceptance of its proposal by the existing consortium of shareholders. Situated in Dublin, Beacon Hospital is a private healthcare facility offering a comprehensive range of acute care and specialized diagnostic services, catering to over 200,000 p...
Read More24
Apr 2023
Ask the industry to do more to realize the $3.3 billion potential in the accessible travel market
Published in News on April 24, 2023
Ashley Morton didn't let being a paraplegic stop her and her family from travelling frequently. "Before COVID-19, there was a lot of travelling abroad, but since then, we've been a little closer to home," said the mother of two. But Mrs Morton had a frustrating row about inaccessible accommodation. "Anybody can go on a website and book a room and...
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