Hospital Stays Blog - Tips, News and Accommodation Reviews

20

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...

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19

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...

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18

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...

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15

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...

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12

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...

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11

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...

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10

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...

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24

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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22

Feb 2022

$30 million Victorian Travel Voucher Scheme announced to encourage more people to holiday in the state.

Published in News on February 22, 2022

The Victorian government has announced a $200 million stimulus package to support the state’s economic recovery as the Omicron COVID-19 wave eases. Minister for Industry Support and Recovery Martin Pakula on Monday announced the funding, which includes voucher schemes to entice people to spend on dining, entertainment and travel within the state. “We think thi...

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21

Feb 2022

'The wait is over': Australia welcomes international tourists as borders reopen

Published in News on February 21, 2022

Prime Minister Scott Morrison has declared that the "wait is over" ahead of tomorrow's reopening of Australia's international borders. Speaking at Melbourne Airport on Sunday morning, Morrison defended the country's very tight border restrictions over the past two years and said that because Australians "have done the hard yards" the country c...

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