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flag Healthscope’s $140M rescue deal with Calvary sparks debate over hedge fund gains, despite ongoing losses for lenders and threat of more hospital closures.

flag Healthscope’s $140 million rescue deal with not-for-profit Calvary to save its hospitals has sparked controversy, with landlord Northwest calling it an "enrichment" for offshore hedge funds. flag Despite selling four hospitals and returning Sydney’s Northern Beaches Hospital for $190 million, major lenders like Commonwealth Bank and Westpac still face major losses. flag Healthco says it has secured conditional tenant agreements for all 11 remaining hospitals. flag While the Australian Medical Association welcomed the plan, its president warned ongoing financial pressures could trigger more private hospital closures without systemic reform.

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