Britain is turning to the private sector in an attempt to cut NHS waiting lists.
The government plans to draft in corporate providers as it expands a rapid diagnosis programme.
Thirteen new diagnostic centres will open across England with the capacity to carry out an additional 742,000 scans, checks and tests per year, according to a statement released on Thursday.
The bulk of the clinics, eight in total, will be operated by the private sector, although services will be free to patients. The rest will be run by the NHS.
Health Secretary Steve Barclay said: “We must use every available resource to deliver life-saving checks to ease pressure on the NHS.
“By making use of the available capacity in the independent sector, and enabling patients to access this diagnostic capacity free at the point of need, we can offer patients a wider choice of venues to receive treatment and in doing so diagnose major illnesses quicker and start treatments sooner.”
Figures released last month revealed NHS waiting lists stood at 7.47 million at the end of May, the highest number since records began in 2007.
Health minister Maria Caulfield said the new centres could help to bring down the number of people waiting for treatment. But she said the situation may get worse before it gets better.
"We probably expect, in all honesty, for it to peak in the next few months," she told LBC's Nick Ferrari on Friday.
Private centres will operate similarly to their NHS counterparts, the Government said, but staff will be employed by private operators, which also own the buildings.
Sites in the South-West – located in Redruth, Bristol, Torbay, Yeovil and Weston-super-Mare – will be operated by diagnostics company InHealth.
Other private facilities will be located in Southend, Northampton and south Birmingham and join four already operating in Brighton, north Solihull, Oxford and Salford.
The new NHS-run sites are in Hornchurch, Skegness, Lincoln, Nottingham and Stoke-on-Trent.
The government pledged to open 160 CDCs by 2030. There are currently 114 operating, which have carried out 4.6 million tests, checks and scans since July 2021.
The NHS through the decades – in pictures
A number of other measures to use capacity in the private sector have been outlined by the Elective Recovery Taskforce, which was set up in December.
These include using data from private health providers to identify where they could take on more NHS patients to help clear backlogs. They will also look at using the private sector to train junior NHS staff.
Health minister and Elective Recovery Taskforce chair Will Quince added: “We have already made significant progress in bringing down waiting lists, with 18-month waits virtually eliminated.
“I chaired the Elective Recovery Taskforce to turbocharge these efforts and help patients get the treatment they need.
“These actions will bolster capacity across the country and give patients more choice over where and when they are treated.”
However, Labour said the Government was not making enough use of private capacity.
The party claims 331,000 patients waiting for NHS care could have been treated since January 2022.
Shadow health secretary Wes Streeting, said: “The Conservatives are failing to make use of private sector capacity and patients are paying the price.
“No one should be waiting in pain while hospital beds that could be used lie empty. The next Labour government will use spare capacity in the private sector to get patients seen faster.”
Prime Minister Rishi Sunak vowed to bring waiting lists down earlier this year, but last month he said industrial action across the NHS was making the task “more challenging”.
Junior doctors are preparing for another four-day strike starting on August 11 in their continuing row with the Government over pay. Consultants are set to walk out for 48 hours on August 24.
LIVERPOOL SQUAD
Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams
'My Son'
Director: Christian Carion
Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis
Rating: 2/5
RESULTS
6.30pm UAE 1000 Guineas Trial Conditions (TB) US$100,000 (Dirt) 1,400m
Winner Final Song, Christophe Soumillon (jockey), Saeed bin Suroor (trainer).
7.05pm Handicap (TB) $135,000 (Turf) 1,000m
Winner Almanaara, Dane O’Neill, Doug Watson.
7.40pm Handicap (TB) $175,000 (D) 1,900m
Winner Grand Argentier, Brett Doyle, Doug Watson.
8.15pm Meydan Challenge Listed Handicap (TB) $175,000 (T) 1,400m
Winner Major Partnership, Patrick Cosgrave, Saeed bin Suroor.
8.50pm Dubai Stakes Group 3 (TB) $200,000 (D) 1,200m
Winner Gladiator King, Mickael Barzalona, Satish Seemar.
9.25pm Dubai Racing Club Classic Listed Handicap (TB) $175,000 (T) 2,410m
Winner Universal Order, Richard Mullen, David Simcock.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
SERIE A FIXTURES
Saturday (All UAE kick-off times)
Cagliari v AC Milan (6pm)
Lazio v Napoli (9pm)
Inter Milan v Atalanta (11.45pm)
Sunday
Udinese v Sassuolo (3.30pm)
Sampdoria v Brescia (6pm)
Fiorentina v SPAL (6pm)
Torino v Bologna (6pm)
Verona v Genoa (9pm)
Roma V Juventus (11.45pm)
Parma v Lecce (11.45pm)
Dubai Rugby Sevens
November 30, December 1-2
International Vets
Christina Noble Children’s Foundation fixtures
Thursday, November 30:
10.20am, Pitch 3, v 100 World Legends Project
1.20pm, Pitch 4, v Malta Marauders
Friday, December 1:
9am, Pitch 4, v SBA Pirates