Agreement Reached for Northern Beaches Hospital Transition
An in-principle agreement has been reached for the Northern Beaches Hospital to transition to public ownership, with a $190 million payment to be made to Healthscope's receivers.
This milestone marks the final phase of the Minns Labor Government's plan to rectify one of NSW's worst privatisation experiments, while minimising the impact on taxpayers.
The transition is expected to be completed by mid-2026, with the hospital coming under the direct control of the Northern Sydney Local Health District.
The government will now finalise the necessary legal and commercial arrangements, including workforce transition, and consult with clinicians to determine future clinical services and operating models.
The Minns Labor Government's promise to rectify one of NSW's worst privatisation experiments is nearing conclusion.
Author's Resyme: NSW hospital to become public by 2026.
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