Business News

La Trobe assists with COVID-19 treatment

La Trobe Financial coronavirus

La Trobe Financial has donated $1 million to the Epworth Hospital to purchase more ICU equipment to treat individuals with the coronavirus.

Specialist credit manager La Trobe Financial has donated $1 million to boost the intensive care unit (ICU) equipment at Melbourne’s Epworth Hospital to help it treat coronavirus patients.

“We are pleased to be able to assist the frontline ICU team at Epworth Hospital to manage the expected demand on their expertise,” La Trobe Financial chief executive Greg O’Neill said.

“This disease represents a unique situation for the global and local economy. While the full human and economic impacts are still largely unknown and evolving, we are working with our industry partners and government to manage its effect on our customers and our staff.

“The health, safety and well-being of our fellow Australians is of paramount importance to us.”

O’Neill said the donation represented La Trobe’s continued support for Epworth Hospital, located in the inner-city suburb of Richmond.

Epworth Hospital chief executive Dr Lachlan Henderson thanked La Trobe for the donation and its long-standing support of his organisation.

“We again place on record our thanks to Greg O’Neill and his team at La Trobe Financial. We have very important work to do over the coming weeks and months and this has helped us achieve that objective of keeping many Australians in better care,” Henderson said.

The donation follows other initiatives La Trobe Financial has undertaken in response to the coronavirus pandemic, including providing home loan customers with a four-month repayment moratorium to assist them with cash-flow issues and tailored hardship relief for small business borrowers.

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