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Private healthcare market in London is thriving, says LaingBuisson

The private acute medical care market in central London grew to an estimated value of GBP1.43 billion during 2015, according to LaingBuisson.

This is equivalent to around 35 per cent of the national market for private patient revenues in independent hospitals and private patient units (PPUs) in the UK.
 
While this represents overall growth of more than 4 per cent compared to 2014 and an improvement on the 2.6 per cent growth seen in 2014, this is still down on the 10-year average growth of 7.8 per cent. The impact of this has been greater on the independent sector than on NHS PPUs which saw growth of 8.2 per cent during 2015.
 
Much of the overall growth in private hospitals during 2015 may be attributable to the increase in satellite and diagnostic facilities which have freed up hospital space. NHS PPUs are also starting to invest in these facilities.
 
Report author, Ted Townsend, says: “Some hospitals are achieving an average revenue per admission of over GBP16,000, while in other hospitals it is as low as GBP2,000. While there is clearly a different split in terms of in-patients and levels of acuity, the numbers highlight the results that different strategies can produce.”

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