Melbourne, Australia – May 2026
Leading healthcare property advisory firm Your Medical Property has today called for a more integrated approach between government and private sector providers, following growing concerns around the sustainability of hospital funding and infrastructure delivery highlighted in recent media coverage.
The Herald Sun recently outlined mounting fiscal pressure on the Victorian Government, with projections of state debt reaching $192.6 billion by 2029, alongside rising interest costs of more than $10.5 billion annually. These constraints are expected to directly impact the delivery and expansion of hospital infrastructure and essential healthcare services.
Mark Wizel, Founder and Chief Executive Officer of Your Medical Property, said the current environment reinforces the need to rethink how healthcare is delivered across Australia.
“We are entering a period where governments simply cannot fund healthcare infrastructure at the pace required to meet population growth and rising demand,” said Mr Wizel.
“The pressure on public balance sheets will inevitably slow new hospital development, which means the private sector must play a greater role in delivering accessible, community-based healthcare.”
The Herald Sun highlights concern around delayed or reprioritised hospital projects and broader infrastructure constraints, raising questions about how future healthcare demand will be met.
Mr Wizel said this creates a significant opportunity for private investment into medical centres, day hospitals, diagnostic facilities, and specialist clinics located closer to where patients live.
“The future of healthcare is not just large tertiary hospitals, it’s decentralised, integrated care delivered in high-quality medical precincts,” he said.
“We are seeing increasing demand from operators and investors to develop medical assets that can alleviate pressure on the public system, particularly in growth corridors and underserved urban areas.”
Your Medical Property is currently working with healthcare providers, investors, and developers to deliver turnkey medical projects that support this shift, including site acquisition, leasing, and end-to-end project delivery.
Mr Wizel added that collaboration between government and private enterprise will be critical.
“This is not about replacing public healthcare, it’s about supporting it. Smart partnerships can ensure patients continue to receive timely, high-quality care despite fiscal constraints.”
As Australia’s population continues to grow and age, the need for innovative healthcare infrastructure solutions will only intensify.
About Your Medical Property:
Your Medical Property is a specialist advisory firm focused on the delivery of healthcare real estate solutions across Australia. The business partners with medical operators, investors, and developers to create high-quality, future-proof healthcare environments.
