Bupa is to cut ties to individual hospitals within hospital groups, in an attack on the sector's business model.
Bupa is now to assess the value of private hospitals on an individual basis, refusing business to some in high capacity areas or with high pricing models. The private health insurer noted that £300m of debt interest is removed from the system annually by the private hospital sector. Dr Natalie Jane Macdonald, managing director of Bupa Health and wellbeing, said: "That money is our subscribers'. We are fed up that clients pay substantial sums for their employees and too much of what they pay is captured by suppliers. "The hospital groups are charging medical inflation plus what they...
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