‘People are close to despair’: The workforce trend threatening the viability of inpatient psychiatry
A 58-bed private psychiatric hospital closed its doors for good last month.
Toowong Private Hospital in Brisbane moved to a wind-down plan after administrators received no “viable” interest from potential buyers, according to a statement.
Insurance shortfalls, coupled with rising treatment costs, were reportedly a major factor.
However, psychiatrists say that is only part of the tale — the bigger story is the decline in admitting psychiatrists threatening the availability of private treatment.