Financial Times FT.com

Seven more PFI hospitals to go ahead

By Nicholas Timmins, Public Policy Editor

Published: February 27 2007 02:00 | Last updated: February 27 2007 02:00

Seven more private finance initiative hospitals, with a capital value of almost £1.5bn, were finally given the go-ahead yesterday but amid growing frustration among PFI providers at the time it is taking for the Department of Health to adjust hospital building plans to the new, more competitive, NHS market.

The hospital PFI programme is being cut back from an original £12bn of additional schemes to something closer to £7bn-£9bn, according to the health department, as hospitals adjust to the uncertainty of a system that pays them for each patient they treat, in contrast to block contracts.

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