Private finance. Oz trials.
Privatization of a public sector general hospital in Adelaide, Australia, five years ago has revealed the strengths of the model and the difficulties of contracting with the private sector. Managers believe the new model has reduced overstaffing and increased local management. There have been continual contracting problems and the hospital has made losses, almost from the start. Private finance initiative contracts may always be difficult to negotiate and sustain.
West
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National Economic Research Associates.
D002202:Capital Financing; D003284:Contract Services / Q000191:economics* / Q000706:statistics & numerical data; D017598:Efficiency, Organizational; D018166:Health Care Reform; D006779:Hospitals, Public / Q000191:economics / Q000458:organization & administration*; D011332:Privatization / Q000191:economics / Q000458:organization & administration*; D013021:South Australia; D013222:State Medicine; D006113:United Kingdom