Transcript: AMA Queensland President Dr Nick Yim, ABC Radio Brisbane, Breakfast with Craig and Loretta, Monday 19 May 2025
Subject: Toowong Private Hospital in voluntary administration
LORETTA RYAN: Across the country, a growing number of private hospitals are facing an uphill battle to stay in business. A major contributing factor is the difference between the cost of treatment and the amount of federal funding allocated to ease the financial load.
CRAIG ZONCA: Now the issue is infiltrating Brisbane with one of the city’s leading providers of mental health care placed into voluntary administration. This is the Toowong Private Hospital, a cornerstone of psychiatric care, particularly among both serving defence personnel and veterans.
LORETTA RYAN: But now its future remains unclear after its owner, the Kratzmann family, was unable to secure a buyer in a recent sale attempt. I want to bring in on this the President of the Australian Medical Association Queensland, Dr Nick Yim. Morning to you, Nick.
DR NICK YIM: Good morning, Craig. Good morning, Loretta.
CRAIG ZONCA: Just on Toowong Private Hospital, how concerning is this development that it’s been placed into voluntary administration?
DR NICK YIM: When these…