Ownership change and the rise of a for-profit hospital industry in Germany
Tanja Klenk
Policy Studies, 2011, vol. 32, issue 3, 263-275
Abstract:
The German hospital industry has undergone substantial changes in the past years and has experienced the rise of a for-profit hospital industry. This article recapitulates the evolution of a market-driven hospital industry, arguing that opportunities in hospital capital access explain much of the recent ownership changes. Although the recent financial crisis has shown the ambivalences of private welfare provision, an end of this trend is not yet recognisable in the German hospital sector. Quite to the contrary, it is to be expected that the financial crisis will foster the process of privatisation. The financial constraints of communities and the willingness of private investors to enter the market seem to hamper a revival of the public provision of hospital services.
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:cposxx:v:32:y:2011:i:3:p:263-275
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DOI: 10.1080/01442872.2011.561694
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