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Health

Private Health Care Means Profit

Published torsdag 10 september 2009 kl 11.20
Better for less money? Capio St Göran's is a privately run hospital

While most public health authorities will have negative financial results this year, forcing them to lay off staff, the private health sector in Sweden is doing really well, daily newspaper Dagens Nyheter writes.

The private health care sector here is dominated by five groups of companies, mainly owned by venture capital companies. Together the five groups made a profit of over four hundred million USD last year.

They run hospitals and health clinics and are almost exclusively financed by public money. A large part of the incomes from the private health care is used to pay the interest on the loans from the venture capitalists.

Britta Wallgren, CEO at Sweden's only privately run emergency hospital Capio St Göran's says to Dagens Nyheter that they "have delivered health care to a lower price, with just as high or higher quality than the other emergency hospitals".

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