Four of the country’s largest health insurers have caved in and agreed to give Healthscope more money, a breakthrough for the country’s second-largest private hospital group as it attempts to salvage its business and stop more facilities from closing.
Medibank Private, NIB, HCF and Bupa have agreed to out-of-cycle funding payments in the “tens of millions of dollars” for Healthscope, according to five people with direct knowledge of the discussions but prohibited from speaking publicly about the deal.
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