Leading healthcare market intelligence provider LaingBuisson today highlights the need to partner more publically funded services with independent sector in UK health and social care.
LaingBuisson’s latest UK Healthcare Market Review reveals Government expenditure accounted for 80% of UK healthcare spending of £185bn in 2015, higher than any other OECD, EU or G7 nation.
Henry Elphick, CEO of LaingBuisson (pictured) said:”The benchmarking exercise demonstrates that the UK faces the same challenges as other developed nations owing to an inexorable increase in costs and expectation set against a finite budget.
“Government spending alone amounts to £147.1bn and half of that goes to hospitals. This is one of the distinguishing features of the UK, which now has healthcare spending more in line with international levels, and higher than the OECD average.”
The report finds the independent sector is taking an increasing role in delivering health and social care from both government funded services and non-government sources such as insurance and self pay.
More than half (56%) of care home residents are reliant either partially or fully on the state for payment of their fees.
The report says there is a need to balance the politically unpalatable perception of “privatisation” with the increasing need to deliver more for less and use the best provider and solution to achieve that, citing increasing examples of this in care home provision.