Contractual design and PPPs for hospitals: lessons for the Portuguese model.
Recently the Portuguese Government announced the launching of public-private partnerships (PPPs) to build hospitals with the distinctive feature that infrastructure construction and clinical activities management will be awarded to separate private parties. Also, one of the parties will be in charge of providing soft facilities. We explore alternative configurations of contracts and assess whether the equilibrium allocations attain the first-best solution.
Faculdade de Economia, Universidade Nova de Lisboa, Campus de Campolide, 1099-032 Lisboa, Portugal. ppbarros@fe.unl.pt
Pedro Pita
PP
Barros
Xavier
X
Martinez-Giralt
D000465:Algorithms; D032982:Contracts; D006761:Hospitals; D017146:Models, Organizational; D011174:Portugal; D055818:Public-Private Sector Partnerships / Q000458:organization & administration*; D013222:State Medicine