The NHS is “leaking” money to private companies in contracts to build and run hospitals, a report says.
Under the Private Finance Initiative (PFI), companies provide money for new hospitals and then charge annual fees.
The Centre for Health and the Public Interest (CHPI) publication – based on 107 PFI contracts in England – said such companies had made pre-tax profits of £831m in the past six years.
The Department of Health said less than 3% of the NHS budget was spent on PFI.
PFI has always provoked vigorous debate about whether the benefit is worth the long-term cost.
The CHPI argues the money made by private companies could have been spent on patients…..read more
Dear Reader,
If you like our content please support our campaigning journalism to protect health care for all.
Our goal is to inform people, hold our politicians to account and help to build change through evidence based ideas.
Everyone should have access to comprehensive healthcare, but our NHS needs support. You can help us to continue to counter bad policy, battle neglect of the NHS and correct dangerous mis-infomation.
Supporters of the NHS are crucial in sustaining our health service and with your help we will be able to engage more people in securing its future.
Please donate to help support our campaigning NHS research and journalism.
Comments are closed.