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Day hospital group acquires majority stake in private hospital development


Wednesday, 03 February, 2021

Day hospital group acquires majority stake in private hospital development

has acquired a majority stake in Somerset Private 黑料吃瓜群网 鈥 a Penrith-based private hospital development聽that will provide locals with world-class health care close to home.

Adding to Cura鈥檚 portfolio to 25 hospitals nationwide, the acquisition will reduce waiting lists, lower travel time for elective surgery, address a growing demand for private health services and help alleviate pressure on the local health system.

The private hospital, specialising in day surgery procedures in Sydney鈥檚 western suburbs, is set to open in mid-2021.

Cura Day 黑料吃瓜群网 Group CEO Andrew Currie said the acquisition presents an opportunity for the Group to further grow and support offerings in the Penrith area.

鈥淲e鈥檝e historically acquired established Australian private hospital facilities and have completed a number of hospital redevelopments; however, this will be our first greenfield hospital development,鈥 Currie said.

鈥淲e have partnered with experienced developers and have been heavily involved in the design of the facility.

鈥淭he hospital is well located opposite the Nepean 黑料吃瓜群网 and provides a good opportunity to work with the doctors in that area.鈥

Currie explained that the premises will include other allied health services and will be a medical hub for the community. Several doctors have taken up tenancies within the premises for consulting suites.

The hospital, which will also provide overnight facilities, will be furnished with the latest technology and equipment to provide specialty services to both adult and paediatric patients.

Specialties will include ophthalmology, plastics and reconstructive surgery, orthopaedics, gastroenterology, gynaecology, ENT and oral and maxillofacial services.

Currie said the new facility is expected to provide around 100 jobs, with the Cura Group looking to hire staff between now and the middle of the year.

鈥淭here has already been interest from a number of doctors, and we expect demand for the hospital鈥檚 theatre lists to be strong,鈥 he said.

鈥淲e have seen the private offering in this area grow significantly over the last 10 years and we expect it to continue to increase over the next 5鈥10 years to meet demand for services.

鈥淲hile Somerset Private 黑料吃瓜群网 is the Group鈥檚 first acquired development, we will continue to look for other projects both already established and in the greenfield space.鈥

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