Of course privatised Hinchingbrooke Hospital failed. It’s run by bankers.

This actually shows that the government’s privatisation of the NHS doesn’t work, and should never have been allowed in the first place. But see also Jonathan Wilson’s comment, where he asks the good question of why the privatisers were ever allowed to walk away from the contract, when the cost of running the hospital ate away at their profits. They have, after all, failed to fulfil a contract, but obviously the government’s favouring of private enterprise means that they will never face the true costs of their failure. It will just be passed on the taxpayer, as always with the Public-Private Finance Initiative and other such schemes.

Pride's Purge

(not satire – it’s the UK today!)

Privatised NHS hospital Hinchingbrooke in Cambridgeshire has failed.

Hinchingbrooke’s private owners – Circle Holdiings – are running away from a 10-year contract after they ran the hospital into the ground so badly that inspectors said patients are being treated in an “undignified” and even “abusive manner”.

Circle Holdings was set up by a former Goldman Sach’s banker and is 95% owned by hedge fund investors and other bankers.

These bankers decided to put a CEO in charge of Hinchingbrooke whose previous job had been as “supply chain director” at Argos.

Why are we surprised that bankers and hedge fund investors have been found to be treating people in an “undignified” and “abusive manner”?

Bankers are unable to run their own banks competently, never mind hospitals.

So why – just a few years after bankers managed to crash the entire world’s economy with their incompetence and greed – is the government handing over our health care and…

View original post 33 more words

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