|
|||||
|
|
THE PRIVATE FINANCING OF NHS HOSPITALS: POLITICS, POLICY AND PRACTICE |
|
| Authors: | Mark Hellowell Allyson M. Pollock |
| Affiliation: | Centre for International Public Health Policy, University of Edinburgh |
| Abstract: | This article outlines and critiques the main fiscal and economic rationales for the Private Finance Initiative and examines the impact of the policy on the long-term financial viability of NHS trusts. It concludes that the PFI funding of capital investment is highly problematic. Its high costs can have a negative impact on the finances of health systems. |
| Keywords: | Department of Health hospitals hospital-building programme National Health Service Private Finance Initiative PFI procurement |