Private healthcare crisis: NIB refusing to pay its ‘fair share’ warns hospital boss

When private negotiations go sour and spill into the public domain, you know something is going badly wrong.
Last week, the country’s largest not-for-profit private hospital operator sent a media release warning that it was walking away from its contract with NIB unless it came up with a “fairer” funding offer.
“There is a crisis in private healthcare in Australia,” said Chris Blake, CEO of St Vincent’s Health Australia.
“Over the last five years, more than 70 private hospital services have closed. We’ve now got a major Federal Government review into the survival of the sector.