Year-on-year, private companies post ever greater profits, extracted from our NHS -- with costs to the service hitting £2 billion last year.
The Centre For Health and Public Interest (CHPI) just published a report claiming corporations have made over £831 million in profits from expensive PFI schemes since 2011. That’s money that could be used to pay doctors and nurses, and fund vital medical services across the country.
Our NHS system is shaking under the weight of austerity: we need to reinvest this money back into healthcare, and stop lining the pockets of private companies.
The CHPI is calling for a cap on profits made from PFI contracts. Let’s throw our weight behind them, and get excessive profits out of our NHS for good!
Health Secretary Jeremy Hunt: cap PFI profits and reinvest that money back into our ailing NHS!
CHPI’s report found that if the NHS had not been paying pre-tax profits on PFI schemes between 2010-15, NHS deficits would have been reduced by 25%.
CHPI chairman Colin Leys said: "Given the extreme austerity in the NHS, where patients are being denied treatment and waiting times for operations are rising, the government needs to take action to stop this leakage of taxpayer funds out of the NHS."
At a time when our health service is facing its greatest funding crisis, billions that could have been invested back into patient care have instead gone into the coffers of corporations.
This is simply unacceptable -- and it’s time Jeremy Hunt put a stop to it.
SumOfUs members like you have come out fighting for the NHS before -- when Lord Warner suggested charging patients to see their GP, over 80,000 of you signed the petition to reject the proposal. We won then: we can do it again.
Health Secretary Jeremy Hunt: our NHS isn’t for profit -- cap PFI profits and stop corporations lining their own pockets with public money!
More information
BBC. 30 August 2017.
The Guardian. 30 August 2017.