Are Italian Healthcare Organisations Paying too much for their Public Private Partnerships?

V. Vecchi, Mark Hellowell, Francesco Longo

Research output: Contribution to journalArticlepeer-review

Abstract / Description of output

Italy's health service—the Servizio Sanitario Nazionale (SSN)—has developed Europe's second largest market for healthcare public–private partnerships. This article describes the origins of private finance for SSN infrastructure, examines the programme's scale and key characteristics, and provides a capital budgeting analysis of rates of return on 14 privately financed schemes. Excess returns are being made by the investors in these projects, and there is potential for SSN procurers to achieve significantly better value for money for the Italian people than has been the case to date.
Original languageEnglish
Pages (from-to)125-132
Number of pages8
JournalPublic Money & Management
Volume30
Issue number2
DOIs
Publication statusPublished - 2010

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