KeithG: Wasting money which could/should be spent delivering services more cheaply in house. Privatisation of public services only ever benefits the profiteers. @teamlabouruk.bsky.social

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KeithG datchmog.bsky.social
Wasting money which could/should be spent delivering services more cheaply in house. Privatisation of public services only ever benefits the profiteers. @teamlabouruk.bsky.social
- patthepublican2 handle.invalid · May 7
  The absolute despair I feel at this Private equity looting the NHS. Five firms - Newmedica, Optegra, SpaMedica, CHEC and ACES made £169m profit from cataract contracts. Profit margin for NHS work is 32% to 43%. Privatisation ripping-off people www.theguardian.com/society/2025...
  Profits from NHS England eye care outsourcing same as 100 PFI contracts, research finds
  
  CHPI thinktank found five firms made an ‘eye-watering’ £169m in 2023-24, as calls for profit cap grow
  
  theguardian.com
May 7, 2025 16:35
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patthepublican2 handle.invalid · May 7
Agreed 100%

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