No need to break up private hospital groups, says health market inquiry

The Competition Commission’s health market inquiry has backed down on its recommendation that SA’s biggest private hospital groups sell off some of their assets to enhance competition in the sector.

The HMI was established to probe the barriers to effective competition in the private healthcare sector, and began work in January 2014. It recommended divestiture and a moratorium on new licences for the three largest firms. A moratorium on new licences would have meant the hospital groups could not open new facilities, or increase the number of beds in existing ones.In its final report, published on Monday, the HMI maintains its findings about the three groups but no longer recommends divestiture.

It also recommends the Competition Commission review its approach to “creeping mergers” to address the high level of concentration in the market.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

STEPHEN CRANSTON: Global survey reveals SA average investment management feesMorningstar says in emerging markets, only Thailand gets a better rating than SA
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Pelosi says public opinion shifting in support of impeachment inquiry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.US House Speaker Nancy Pelosi said on Saturday that public opinion is now on the side of an impeachment inquiry against President Donald Trump.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

Business Maverick: Unemployment down, but wage growth stagnatesThe rapid growth of technology and automation, the rise of outsourcing, globalisation and uncompetitive labour markets are forcing governments and individuals to reassess the skills they have and the skills they need.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »