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2/1/2012
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Pharmacy warning as private enterprise makes mark with hospital takeover
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Pharmacists hoping that competition to provide health services will gradually wither away were given a sobering dose of realism when a private company become the first to run an NHS hospital.
In what marks the start of a trend in which standards will be driven up by the government's ideology of healthy competition, Hinchingbrooke Hospital in Cambridgeshire will be managed by Circle, Europe's largest healthcare partnership which is co-owned by clinicians.
It is a timely development as far as Hinchingbrooke is concerned, given that crippling £40 million of debt pushed it towards closure. A lucrative £1 billion 10-year contract will see Circle attempt to wipe out that debt and generate revenue by attracting more patients with improved services at the hospital and a reduction in waiting times.
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