The race to save Australia’s second-largest private hospital operator Healthscope is in turmoil after chief executive Tino La Spina was ousted following a breakdown in his relationship with receivers McGrathNicol.
Tensions between the outspoken La Spina and Healthscope’s receivers and lenders have been simmering for months, but boiled over on Thursday after he wrote a memo to staff accusing McGrathNicol of making decisions outside their remit.
