Developments: Capital Investment in Primary Care—The Funding and Ownership of Primary Care Premises
Sylvia Godden,
Allyson M. Pollock and
Stewart Player
Public Money & Management, 2001, vol. 21, issue 4, 43-50
Abstract:
The authors describe the complexity of the financing arrangements of primary care premises. They explain how the early vision of integrating health and social services within local health centres failed to be realized, with GP-owned practice premises remaining as the dominant model. There was a switch to private finance when the government loan body (General Practice Finance Corporation) was privatized in 1989. Although capital can now be freely raised by the private sector for investment in the National Health Service (NHS), these debts have to be repaid through NHS funds or user charges. The complexity, combined with demographic factors, makes it likely that as GPs opt for the Personal Medical Services (PMS) scheme and a salaried service, the trend towards for-profit corporations owning and buying out GP premises will accelerate.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:21:y:2001:i:4:p:43-50
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DOI: 10.1111/1467-9302.00284
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