Healthscope Update and New Operator for Mount Private
| Stock | Healthco Healthcare and Wellness REIT (HCW.ASX) |
|---|---|
| Release Time | 28 May 2026, 8:28 a.m. |
| Price Sensitive | Yes |
Healthco Healthcare and Wellness REIT Announces New Operator for Mount Private
- Bethesda Health Care to operate Mount Private Hospital
- WA State Government to provide financial assistance
- Healthscope to surrender lease, Bethesda to commence new long-term lease in Q1 FY27
HealthCo Healthcare & Wellness REIT (ASX: HCW) announced that Bethesda Health Care will operate Mount Private Hospital, guaranteed by the WA State Government. Bethesda, a Western Australian not-for-profit private hospital operator, will commence its new long-term lease in Q1 FY27. The WA State Government will provide financial assistance to Bethesda to facilitate the transition and operation of the hospital. Healthscope will surrender its existing lease. Additionally, Healthscope update indicates that alternative operators for all remaining 27 Healthscope hospitals have been granted a period of due diligence by Healthscope's Receiver.
Healthscope has paid 100% of all rent due across all HCW and UHF owned assets up to and including May 2026
HCW and UHF are focused on positioning the HCW platform for renewed growth and restoring normalized distribution settings for unitholders