The first and the second line are easy:
He was "hospitalized for approaching perfection", because he was "slowly screwing his way across Europe", meaning he was traveling the world and enjoying himself. It was TOO perfect, and "someone had to make a correction". Whoever that someone is is irrelevant, the point is he was really enjoying life, and the good times can't last forever.
The first and the second line are easy: He was "hospitalized for approaching perfection", because he was "slowly screwing his way across Europe", meaning he was traveling the world and enjoying himself. It was TOO perfect, and "someone had to make a correction". Whoever that someone is is irrelevant, the point is he was really enjoying life, and the good times can't last forever.
It's the third line that gets me.