this post was submitted on 12 Feb 2024
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So, everyone acknowledges that consolidating risk benefits from natural hedges, a large purchaser of services has greater bargaining power and that centralising service provision enables accumulating knowledge and efficiencies. This is all evidenced in the private sector and consolidation. However, when it comes to healthcare risk pools have to be split, services are provided by multiple providers with limited information available on risks covered and additional admin layers are brought in to manage the embedded inefficiencies from a poorly designed system.
The level of retardation of privatised healthcare beggars belief.