The Consortium members look forward to becoming custodians of these hospitals (once binding agreements are signed and regulatory approvals are obtained) and providing continuity of high-quality health care for patients and their communities, and certainty for their front-line staff.

Speaking for the Consortium, Calvary Health Care CEO Damien Bruce said: “This is an example of what can be achieved when organisations work beyond individual interests and focus on the long-term needs of patients, communities and the health system as a whole. Together with our Consortium partners, we are committed to a transition that is thoughtful, responsible and focused on creating a sustainable future for healthcare across Australia.

“This transaction has brought together a group of organisations with different histories, strengths and approaches, united by a shared commitment to ensuring these services continue to provide high-quality care for the communities that rely on them.”

The proposal has the support of landlords HealthCo Healthcare & Wellness REIT (ASX: HCW), the HMC Capital-managed Unlisted Healthcare & Life Sciences Fund (UHF), and Northwest Healthcare Properties Australia and its parent company Vital Infrastructure Property Trust (TSX: VITL-UN).

“We want to acknowledge the constructive engagement of all Consortium members throughout this process. While each organisation brings its own perspective and expertise, we are aligned in our commitment to supporting staff, maintaining continuity of care and providing a stable foundation for the future of these hospitals and health services,” said Mr Bruce.

Calvary will work closely with Healthscope to provide as many opportunities as possible for staff in the corporate head office.

Calvary Health Care has been providing healthcare in Australia for 140 years. Founded by the Sisters of the Little Company of Mary in 1855, they have evolved into a national not-for-profit healthcare provider offering hospital, residential aged care, retirement living and home care services.

On completion of the transaction, Calvary will acquire 14 metropolitan and regional hospitals with 1,843 beds and 6,000 staff, Healthscope Independence Services and the Healthscope head office and corporate support functions.

Calvary Health Care CEO Damien Bruce said: “Today marks an important milestone for both Calvary and the communities these services support. We look forward to welcoming 14 hospitals and Healthscope Independence Services into the Calvary family. This opportunity allows us to extend that mission to more communities across Australia, strengthening access to healthcare in both metropolitan and regional areas.

“We recognise the resilience and dedication shown by staff through a period of significant uncertainty, and we thank them for their ongoing commitment to patients and families. Together, we have an opportunity not only to grow, but to build a stronger, more sustainable future for health care that continues to put people at the centre.

“Our focus will be to provide certainty, stability and confidence for staff, visiting medical officers, patients, residents and clients as we work together through the transition. We look forward to listening, learning and partnering closely with local teams in the months ahead, while continuing to deliver safe, high-quality care and preserving what matters most to the communities we are privileged to serve.”

Healthe Care is a well-established, long-term manager of 17 healthcare facilities including hospitals and day surgery clinics across New South Wales, Victoria, and Tasmania. With proven expertise in surgical, medical, rehabilitation, and mental health services, Healthe Care will bring immediate scale, operational strength, and clinical credibility to the facilities joining its portfolio, extending its strong record of clinical governance and building on its long tenured relationships with doctors and staff, ensuring excellent continuity of care and a smooth transition.

Healthe Care Chief Executive Officer, Matt Hanrahan said: “We look forward to welcoming the doctors, nurses, allied health professionals and support staff from these hospitals to the Healthe Care family. Healthe Care has spent the last two decades building a reputation of continuity of care, fostering long-tenured and supportive relationships with our doctors, staff, and healthcare professionals, and making the investments needed to help these hospitals thrive into the future.

"These high-quality facilities play a vital role in delivering healthcare services across their respective communities, and we are committed to supporting the long-term growth of these hospitals through continued investment in infrastructure, equipment, technology and people that will benefit our local communities.”

ACURIO Health, a locally focused healthcare operator committed to patient-centred care, will on Completion acquire three hospitals, significantly expanding its presence across Greater Western Sydney. Building on the success of its established presence in Western Sydney, ACURIO Health is committed to investing in local healthcare capability and creating stronger connections between hospitals, clinical teams and communities to support the needs of this growing region. Its approach combines strong clinical governance with close collaboration with doctors and clinical teams, keeping frontline expertise close to decisions about patient care.

ACURIO Health CEO Michelle Stares said: “This is an exciting next chapter for ACURIO Health and an important opportunity to build on what we have established at The George. As we grow across Greater Western Sydney, our focus will be on listening to the clinicians and teams within each hospital, protecting what already works well and investing in the people, services and capability that will help us deliver even better care for these communities.”

KnG Group is an Australian healthcare organisation with extensive experience delivering inpatient and healthcare services in partnership with governments, health services and clinicians. Its clinician-led operating model combines medical leadership, healthcare operations and workforce capability, with a strong focus on safe, sustainable and patient-centred care.

KnG Group will assume responsibility for Sunnybank Private Hospital and Pine Rivers Private Hospital in Queensland, two established hospitals with more than 60 years of combined operating history. Together, the hospitals provide 192 licensed beds, employ more than 640 people, support more than 140 active specialists and visiting medical officers, and deliver more than 24,000 patient admissions and 60,000 patient days each year.

KnG Group Director Dr Anuj Gupta said: “Sunnybank and Pine Rivers are important hospitals serving established Queensland communities. Our immediate priority will be to provide stability for patients, doctors and staff and ensure continuity of high-quality clinical care throughout the transition.

“We look forward to working closely with the existing doctors, nurses, staff and leadership teams and building on the strong clinical foundations already in place. Over time, our focus will be on improving the patient experience and staff working environment and ensuring our doctors and clinical teams have access to contemporary facilities, equipment and infrastructure.

“KnG is a clinician-led healthcare organisation, and we believe hospitals are strongest when clinical leadership, local teams and management work closely together. This is a long-term commitment by KnG to both hospitals and the communities they serve.”