trading

Private companies see profits double while NHS waiting lists increase

A major Pulse investigation has revealed that private companies are boosting their profits by up to 100% as the health service struggles to cope.

An analysis of company reports and statements from all the major private hospital chains that make their figures available shows all have boosted their revenues this year.

They say they are gaining from the plight of the NHS, with patients more likely to pay for their care to avoid lengthening NHS waiting lists, which have led to 3.7 million NHS patients wait for treatment – the most since December 2007.

The investigation – the most comprehensive since the introduction of the Health and Social Care in 2012 – also shows that local commissioners are paying hundreds of millions to private hospitals and that hospitals have also boosted their income from private work. ..Read More.

Pulse: 27 October 2016

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