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Public Services

Public Services, Listed & Large Firms, General Good, Health and Care

The World Bank Influence on PPP and Economic Development

Leveraging its global influence, the World Bank (WB) plays a crucial role in promoting and implementing PPPs to address infrastructure deficits and catalyse economic development. The effectiveness of PPPs hinges on several prerequisites, including well-developed markets, transparent regulatory environments, and planned projects. In this light, the section will focus on how the World Bank Group […]

Public Services, Financial Services

The IMF’s Impact on Shaping Privatisation in Developing and Transition Economies

INTRODUCTION The International Monetary Fund (IMF) ‘s influence on privatisation efforts in developing and transition economies is profound, shaping the landscape of structural reforms over the decades. The IMF’s engagement with privatisation reflects its mandate to ensure global financial stability and assist countries in achieving macroeconomic stability. The institution’s involvement in privatisation processes stems from […]

Public Services, Health and Care

Revenue Cycle Management and Its Integral Role in Clinical Care and Financial Efficiency

In 1852, Florence Nightingale emphasized the importance of understanding the costs and benefits associated with treatments for various patient ailments. She stressed the significance of categorizing patients based on similar diseases to facilitate a systematic examination of treatment modalities. Her insights were prescient, positioning her far ahead of her contemporaries. After a century and a […]

Public Services, Health and Care

Understanding Corporatisation: How It Changes Public Services, and What We Can Do Better

I.         INTRODUCTION This piece will examine the fundamentals of Corporatisation programs, why they cause negative public perceptions, and what we can do better to execute such programs. Throughout history, the public sector has been known as an inferior provider of goods and services compared to the private sector. To justify this argument, the private sector proponents […]

Public Services, Private Clients, Health and Care

Leveraging AI and ML In A National Centre Of Excellence For Healthcare Could Improve Outcomes For Patients—Here’s How?

INTRODUCTION In today’s fast-paced healthcare industry, harnessing the power of artificial intelligence (AI) and machine learning (ML) has become essential for improving patient outcomes. To lead the way in this transformative journey, a new Centre of Excellence should be established within the Ministries and Departments of Health responsible for Population Health Management. This also provides […]

Public Services, Health and Care

Public Private Partnership – the UK Experience

The UK government pioneered the use of competitive tendering of public services in the 1980s, when Margaret Thatcher was prime minister. In the decades since, as outsourcing has expanded and other governments around the world have sought to copy some of its practices, the UK should have become better at negotiating and managing such contracts.

Health and Care, Public Services

NHS 5 year forward view and financial shortfall

The NHS five year forward view, published in October 2014 set out a view for the future to ensure sustainability of healthcare services and economic prosperity with strong emphasis for the following: a.     Radical upgrade in activist prevention and public health b.     Removal of barriers between family doctors and physicians, between physical and mental health and between health and social care with significant localised or community-based care delivery supported by specialised centres c.     Shared budgets and combining health and social care

Public Services, Health and Care

NHS contracts and private sector

In year 2007 the proportion of private hospitals revenue from NHS referrals was under 10% when the Labour government gave people right to choose to be treated in a private hospital and to be paid for by the state. The purpose of policy change was to to improve patient care. As a result and surge in public private partnership arrangements, the private operators now earn approximately 25% of their income from NHS, an increase from £700m to £3.1bn. In 2016/17, 70% of NHS England contracts were won by private sector.

Public Services, Health and Care

Doctors, the central players to healthcare transformation

In face of major advances in medicine and technology, healthcare regularly fails to live up to the patient expectations in providing the high quality of care with clinical effectiveness and customer-centric patient journeys. The urgent need to transform the care delivery is well embraced around the world. but the journey is notoriously difficult and require discipline, resilience, bold and sustained commitment, and patience.

Public Services, General Good, Health and Care

Nations failing to invest in education and health care are at risk of slow economic growth

Nations failing to invest in health and education are at risk of stagnating economies and lower per capita GDP, according to the first-ever scientific study ranking countries for their levels of human capital. US drops from 6th to 27th, China jumps from 69th to 44th, Turkey from 102nd to 43rd, South Korea from 18th to 6th, and Singapore from 43rd to 13th.

Public Services, Health and Care

Private provision of publicly funded healthcare: ownership controversies

The private provision of publicly funded health care in the UK which is a matter of public controversy. There are strongly stated concerns regarding the increasing use of non-publicly owned, especially for-profit, firms to provide services: concerns that the NHS is being undermined, that future services will be at risk or even that health care that is free at the point of delivery – a key tenet of the NHS – is about to be abandoned.

Public Services, Health and Care

Costing in value based health and care system

Michael Porter said, "biggest problem with health care isn’t with insurer or politics. it’s that we’re measuring the wrong things the wrong way." Much of the rapid escalation in healthcare costs can be attributed to the fact that providers have an almost complete lack of understanding of how much it costs to deliver patient care. thus they lack the knowledge necessary to improve resource utilization, reduce delays, and eliminate activities that don’t improve outcomes.

Financial Services, Public Services, Listed & Large Firms, General Good

Climate Change – The Bankers in Action

In 2018, the Bank of England (the “BoE”) set up a project called “Future of Finance” aimed at anticipating the upcoming changes in financial services for the next decade, and the impact of these changes for market participants, customers and regulators.

Financial Services, Public Services, Listed & Large Firms, General Good

Climate Change and Banking – Action, Not Words

One day ahead of the UN Climate Action Summit in New York, 22 September 2019 – The United Nations launched the Principles for Responsible Banking with the sign up of 130 international banks, collectively holding more than USD 47 trillion in assets.

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