CHPI thinktank found five firms made an ‘eye-watering’ £169m in 2023-24, as calls for profit cap grow
Profits made from treating NHS eye patients by five private firms are so large they equal those made by the 100 with private finance initiative (PFI) hospital contracts, research shows.
The disclosure has led to calls for ministers to cap what can be “eye-watering” levels of profit made by private operators when they take over key public services.
Research by the Centre for Health and the Public Interest (CHPI) thinktank found the five main companies providing cataract removals and other eye treatments to the NHS in England made an estimated £169m in profit collectively during 2023-24 – the same profit generated by the 100 PFI deals.
David Rowland of the CHPI, who carried out the research, said: “For years the biggest scandal of wasted money in the NHS has been PFI, with huge amounts of taxpayer money leaking out of the health system and into the profit accounts of private firms.
“But our research shows that the outsourcing of NHS eye care is an even bigger scandal. Just five eye care companies have generated the same profits in one year as the companies running all 100 NHS PFI schemes.”
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Article continues at https://www.theguardian.com/society/2025/may/04/profits-from-nhs-england-eye-care-outsourcing-same-as-100-pfi-contracts-research-finds