An in-principle agreement has been reached for the Northern Beaches Hospital to transition to public ownership, with a $190 million payment.
The NSW Government, led by the Minns Labor Government, has been negotiating with Healthscope and its receivers for months to finalize the deal.
The move is part of the government's promise to rectify one of NSW's worst privatisation experiments, while minimizing the impact on taxpayers.
Author's summary: NSW hospital to become public by 2026.