BMI Healthcare, the UK’s largest, but not very profitable, private hospital chain, is trying to cut costs by £30 million, or roughly 4% a year excluding rents, through a cost-cutting scheme under new CEO Jill Watts. These changes come at a time when BMI is awaiting the outcome of the Competition and Markets Authority private healthcare investigation, flat-lining PMI caseloads and declining NHS tariffs.
December 4, 2014