TLC Healthcare Proposes Landmark $250M Integrated Healthcare Precinct for Rosebud

Healthcare

12 May 2026Read time 15 min

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TLC Healthcare has today unveiled a comprehensive, $250 million proposal for a state-of-the-art integrated healthcare precinct at the Rosebud Hospital site.

The ambitious Public-Private Partnership (PPP) proposal outlines a complete rebuild of the existing public hospital alongside a new private day surgery and a suite of community-focused health and wellness amenities. The proposal is the result of extensive demographic and clinical research by TLC, which identified a critical deficiency in available healthcare services relative to the growing needs within a 25-kilometre radial catchment area of Rosebud.

Lou Pascuzzi, Chief Executive Officer and Managing Director of TLC Healthcare, indicated that the organisation anticipates a commitment of circa $250 million is required to deliver the project, and is very interested, provided an amicable agreement can be reached with the State Government.

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"Our vision for Rosebud is fundamentally humanistic, not politically mechanistic.”
Lou PascuzziCEO & Managing Director

“The Australian healthcare system finds itself in a constant state of desperate survival, as policy over many decades has been driven by the ‘next election cycle’ rather than patient needs. We have completed the research, we know the definitive lack of services in this 25-kilometre radial catchment, and we have designed a precinct that addresses these exact needs in a sustainable manner. This is about delivering a holistic, world-class healthcare ecosystem that prioritises the dignity, health, and social well-being of the Mornington Peninsula community.”

TLC Healthcare brings unmatched expertise in developing and operating integrated health precincts. The organisation currently operates 12 successful precincts, with significant service-offering upgrades underway across the portfolio. The proposed Rosebud development mirrors the scale and innovation of TLC’s current greenfield projects, including major developments in Black Rock, Ivanhoe, and Noble Park. Furthermore, TLC is set to break ground on its highly anticipated Hallam precinct in June 2026, which includes a hospital day surgery, with construction commencing in July 2026.

If the partnership proceeds, the $250 million Rosebud precinct would become a premier destination for health, wellness, and community connection, featuring:

  • Bayside Health Public Hospital (rebuild):
    • Urgent Care Centre (Emergency Department)
    • 37-bed medical/surgical Inpatient Unit (IPU)
    • 30-bed sub-acute IPU
    • 2 Surgical Theatres
    • 14 dialysis chairs
    • 9 day-medical chairs
  • TLC Private Day Surgery:
    • 3 Theatres and 10 Overnight Beds
    • 15 Surgeon Consult Suites
    • 2 Treatment Rooms
    • Comprehensive on-site Radiology and Pathology
  • Studio Apartment Accommodation:
    • 15 spacious Studio Apartments for key & visiting staff accommodation
  • Residential Aged Care:
    • 180 luxury suites
    • The signature “Jellyfish©” Intergenerational Hub
  • Primary Care & Allied Health:
    • Medical Centre with 6 GP Suites
    • 3 Allied Health Consult Rooms and 2 Treatment Rooms
    • 1 dedicated Chronic Disease Management (CDM) Room
  • Community & Education Services:
    • TLC Early Learning Centre (childcare): 145 places
    • TLC Learning Academy (RTO): 2 Training Labs accommodating 25 students and 4 staff
    • Health Club & Aquatic Centre: 2,000-member capacity featuring advanced rehabilitation and allied health services
    • Social Hub: A vibrant Bar & Café with a 170-person indoor capacity and a 200-person outdoor atrium

TLC Healthcare’s proposal represents a transformative opportunity to secure the future of healthcare on the Mornington Peninsula through proven private-sector innovation and sustainable public partnership.

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