Planet Insurance: Managing "failing" healthcare

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Last month it was social impact bonds. By the time you read this another ‘new' initiative will be about to surface from under the radar.

That is the coalition’s plans to move the management of ‘failing hospitals’ into the private sector. The opportunities for PMI insurers, and some re-insurers with experience of running hospitals in EU social insurance systems, are obvious. But, so far, they have not been able to compete with the big hospital outsourcers. As with social impact bonds, the seeds of change were planted before the election.  Back in July 2009 the Department of Health advertised for a bidder to run Hinchingbrooke Healthcare NHS Trust. The soon to be abolished East of England Strategic Health Authority despai...

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