The Canberra Private Hospital in Deakin is set to close in September after operator Nexus Hospitals determined the facility is no longer financially sustainable. The hospital, which provides a range of surgical services including plastic, cosmetic, and IVF procedures, is winding down operations following a review of its financial and operational position, according to Nexus Chief Executive Greg Hall.
Closure of Canberra Private Hospital in Deakin
Nexus Hospitals has confirmed that the Canberra Private Hospital will cease operations by September. While a specific final date has not yet been set, the operator has cited persistent financial struggles as the primary driver for the decision. Chief Executive Greg Hall stated that the group explored all viable options before concluding that continuing operations was not possible. Since its founding in 2011, the facility has grown from three operating theatres to four, supported by 38 beds and a suite of diagnostic and recovery services.
Impact on Patients and Staff
The transition process is currently underway, with Nexus Hospitals focusing on maintaining patient care standards during the wind-down. The operator is working directly with doctors to relocate their surgical sessions to other facilities. For employees, the company is providing support as the hospital prepares to shut its doors. Nexus has indicated that its priority is to minimize disruption for those currently relying on the hospital for procedures ranging from ophthalmology and gynaecology to urology and ear, nose, and throat treatments.
Broader Financial Trends in Australian Private Healthcare
The closure of the Deakin facility occurs against a backdrop of wider instability within the Australian private hospital sector. Several private hospitals across Australia have closed in recent times with the sector beset by rising costs, falling profitability and issues with private health insurers. While the Canberra site is closing, the Nexus Hospitals group, which was founded in 2013 and manages 22 hospitals nationwide, maintains that the broader organisation remains strong. It is likely that Nexus will continue to pursue growth in other markets, including further acquisitions and expansions, following its 2023 purchase of Montserrat Day Hospitals.
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