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All the drugs, supplies and equipment used by the NHS are privately provided. Taken together this amounts to around 40% of the NHS budget. In addition some NHS organisations subcontract work to private providers. The NHS accounts for 2013/4 show that £10 billion of the total NHS budget of £113 billion was spent on care from non-NHS providers.
Allyson Pollock is a consultant in public health medicine and was the Director of the Institute of Health and Society, Newcastle University.She is an academic who is known for her research into, and opposition to, part privatisation of the UK National Health Service (NHS) via the Private Finance Initiative (PFI) and other mechanisms.
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Only The Royal Marsden NHS Foundation Trust, which hopes to raise 45% of its income from private patients and other non-NHS sources in 2016/7 and is trying to raise its income from paying patients from £90m to £100m, [18] is anywhere near the 49% limit. the total private income of NHS trusts in England was £599.1 million in 2016-17 and £626 ...
Privatization is the process of transferring ownership of a business, enterprise, agency, charity or public service from the public sector (the state or government) or common use to the private sector (businesses that operate for a private profit) or to private non-profit organizations.
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector.
Arguments along a similar line were raised in connection with the financial turmoil in 2008. With regard to the federal takeover of Fannie Mae and Freddie Mac , Ron Blackwell, chief economist of AFL–CIO , used the expression "Socialism for the rich and capitalism for the poor" to characterize the system. [ 17 ]
The logo of the NHS for England. Criticism of the National Health Service (England) includes issues such as access, waiting lists, healthcare coverage, and various scandals. The National Health Service (NHS) is the publicly funded health care system of England , created under the National Health Service Act 1946 by the post-war Labour ...