Private healthcare in the UK

Submitted by Popcat_1136 t3_11edvj1 in wallstreetbets

Spire healthcare and HCA healthcare are two of the biggest private healthcare operators in the UK. With the NHS looking worse every year for waitlists, staffing and provision; I think its eventual privatisation is inevitable and therefore the big established players will prosper from accessibility and negotiating better contracts with insurers and customers. This could provide a great opportunity long and short term as more and more patients flock to private healthcare in search of shorter waitlists for elective procedures and a better experience.

What are your opinions on the matter?

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VisualMod t1_jaddo30 wrote

>The NHS is a complete disaster and it is only going to get worse. Privatisation is the only way to fix it and the sooner this happens, the better. The big healthcare operators will definitely prosper from this as they will be able to negotiate better contracts with insurers and customers. This could provide a great opportunity for investors both in the short and long term.

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Far_Store4085 t1_jadgwhh wrote

This makes no sense, how can multiple companies negotiate better than one.

And the UK voters will never allow this to happen, ever.

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Popcat_1136 OP t1_jadivxx wrote

The UK government will. Private healthcare or major reform of the NHS will be a better outcome for the UK

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Far_Store4085 t1_jadlis0 wrote

You're delusional if you think the UK voters are going to allow healthcare to be privatised.

It shows what you know when you're quoting a company that does less than £400m in turnover a year as a major player when BUPA did nearly £7b in 6 months and the NHS budget is £150b.

Only about 14% of the UK has private cover and the vast majority of that is because many companies give it you for free as an employee benefit.

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wefarrell t1_jaeafen wrote

Right, because the American system is so much better. /s

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netzure t1_jadx1mc wrote

The NHS is the UK state religion, it will never be privatised in the way you imply. Any way we are less than two years away from a likely Labour landslide further reducing any additional privatisation to zero.

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Popular_Nerve7027 t1_jae3fmb wrote

I’m in the uk. It will never be private. Any government that tried would guarantee they lose elections for the next 20 years. The British public wouldn’t allow it. Also never heard of the 2 you mention. Bupa and vitality are the ones I hear the most.

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RockmanMike t1_jaeqsrd wrote

You guys allowed a version of you-know-who to crash your healthcare and duped the population to vote for Brexit; don't finish the job by privatizing. Canadians got it right, and so can the Brits.

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Waste_Mention_4986 t1_jadyw27 wrote

Not a short term chance. It will happen eventually, but not until the Tories are on the way back in rather than as they seem now, on the way out.

I would expect Spire to do well though, their name comes up often as partnered providers.

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VisualMod t1_jaddne1 wrote

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Redtyde t1_jadsozo wrote

What would be the catalyst exactly, its not going to happen anytime soon and the Tories will be out of office in 2 years. Right now anything about pushing this would lose the Tories every seat, and they know it.

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Far_Store4085 t1_jadga4d wrote

Never heard of them, BUPA is the go to private option to the NHS.

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