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Saturday, 27 October 2018

Public healtcare in hospitals isn’t an entrepreneurial thingamajig, but a necessary requirement for people in need. The simultaneous demise of two commercial hospital groups shows that to the Dutch public.

In The Netherlands two commercially run hospital groups – with in total five branches – filed for bankruptcy last Thursday. This happened after large commercial health insurance companies threw the towel and refused to further finance the mounting debt and unsolvable issues of these hospitals, that already had a reputation for enduring problems and alleged mismanagement. Het FD wrote the following snippets about this:

For personnel and patients the bankruptcy of the MC Slotervaart hospital in Amsterdam and the MC IJsselmeerziekenhuizen [hospitals] in Lelystad came almost overnight. The healthcare institutions of entrepreneur Loek Winter will be dismantled and the patients will be transfered to other hospitals. The two hospitals filed for a “Chapter 11” situation (i.e. not being able to pay expenses) on Tuesday, Octobre 23. The official bankruptcy was announced on Thursday, Octobre 25.  

On Friday, all patients of these hospitals were litterally rushed to other hospitals with ambulances, leaving a nearly empty shell with just enough money to cover a few weeks of polyclinical appointments and treatments for patients that had nowhere else to go for the time being. After that, the old casino expression is applicable: “Rien ne va plus! The hospital is not from you… anymore!”

Dozens of doctors and surgeons and hundreds of auxiliary medical personnel, janitors, cleaners and security employees were without a job overnight. And the patients are left on their own, without the doctors and healthcare services that they need and that some of them already visited for years and years in a row.

Patients in capital Amsterdam, but especially in Lelystad and three other cities in the Flevoland polder with formerly a local hospital closeby, now have to drive much farther in order to receive their necessary healthcare. Not even to mention when a real life-threatening emergency occurs. In that case the so-called ‘golden minutes’ might pass while driving on the roads to the nearest hospital.

And all of them now have to arrange new contracts with new hospitals and new doctors and go through the whole administrative mumbo-jumbo in order to receive the same healthcare they already had.

This situations seems to be the moral low of ‘public healthcare as a market’, which started so jauntily and over-confident in 2005. It was all based upon the empty government promise of offering the Dutch citizens the best healthcare at the lowest price. In reality it all turned out to be (still very) good healthcare, but at a price that is soaring by the year without an end in sight.

Where did it go wrong?

There is a whole bunch of causes for this phenomenon, among which the aggressively profit-seeking behaviour of pharmaceutical companies – especially regarding life-saving, high-end medicine – is one of the most important. This behaviour let the expenses for patented medicine go through the roof and is costing society billions of euros in extra cost for healthcare.

Other causes are the ever-growing possibilities to cure people from diseases and illnesses – or keep their situation stable for a long,long time – via new, high-tech medical equipment and treatment methods of which the purchase price amounts to dozens of millions of euros per hospital.

This, in combination with the spillage coming from excessively administered drugs and expensive, personal medical equipment that is not repaired, but simply written off after the patient has stopped using it, makes that the national costs of healthcare are going through the roof.

At the other end of the same medal, the healthcare insurance companies have become extremely powerful. So powerful in fact that hospitals, health centres, doctors and paramedical service providers (physio therapists, dieticians, obstetricians etc.) are sometimes almost in “a race to the bottom” in order to get the required annual contracts that makes it possible for them to declare their bills automatically. This automatical declaration is of paramount importance in order to stay in the business.  

And when these medical professionals tried to unite themselves in order to get a more level playing field against the big insurers, they were accused of forming an illegal cartel. The latter was of course a rubbish argument to these eyes, as the healthcare insurance companies are a kind of unbeatable oligopoli themselves.

Personnel of such hospitals and medical institutions that was sick and tired of the disappointing salaries, the long and irregular hours of working, as well as the massive amount of medical administration that was required for their job, took the slightly more lucrative option of become a freelance medical professional. 

They kept the same work and profession, but had the opportunity to gain a few extra bucks at the side, by becoming a better-paid professional at the expense of their employer.

This increase in personnel and organizational expenses for hospitals and medical institutions, in combination with the push downwards regarding the medical rates demanded by the health insurers, acted a double whammy eroding the profits and incomes at two ends. This was a big problem for non-commercial hospitals that were operated by a non-profit foundation, but a much bigger problem for commercially run hospitals, that had to yield profits for their owners and/or shareholders.

Het Financieel Dagblad wrote the following snippets in a though-provoking comment about the situation in Amsterdam and Lelystad yesterday:

With it came that all four [hospitals] had financial problems at the moment they were taken over by a.o. Loek Winter. The healthcare entrepreneur wanted to offer his services cheaper and better, but did not succeed in it.

Due to the sturdy competition in Amsterdam, he had to operate MC Slotervaart with much lower rates [for medical services] in order to close deals with health insurers. This kept the margins low and left little money to invest and deal with drawbacks. Also in Lelystad new investment lagged. This caused the inhabitants of Amsterdam and Lelystad to find their hospitals less attractive.

[…] This showed that the market in healthcare is slowly starting to function as planned: whoever does not attract the patient, has no raison d’etre!

These lines and the remainder of the article, albeit correct and though-provoking by itself, made me angry...

In an ideal world, the customer has a choice whenever he want to visit a hospital and a doctor or surgeon for a certain health problem. He chooses the best hospital, based upon hard data about recoveries and/or medical errors, personal experiences and experiences shared by others. So he or she can make an objective decision about where to go to.

The thing is, however, that patients are not regular customers that can make an objective or subjective choice, as if they go shopping or visit a restaurant. No, they are often in serious problems: either very sick, very old, (partially) disabled or even in danger of getting in a coma or to be dying. Patients often don’t have this choice to make.

They often must be rushed to the nearest hospital in order to save their life or save them from a massive amount of pain and misery. The farther the hospital is away, the bigger the risk is of serious after-effects. That is a no-brainer.

So of course it is bad news that these regional hospitals either disappear now or will be continued in a much more basical form.

And it is said that another 14 regional hospitals run the risk of going bankrupt within a limited span of time. Will the Dutch government and the healthcare insurers save these hospitals from their demise? I seriously doubt it!

To me this proves the moral bankruptcy of the market in national and regional healthcare. I hope that we can stop this bankrupt system within a decade and nationalize healthcare again, in spite of the obvious drawbacks that a government-run system offers too.


Public healtcare in hospitals and medical centres isn’t an entrepreneurial thingamajig, but a necessary requirement for people in jeopardy of dying or remaining seriously ill. And healthcare insurers are not there to please their share- or stakeholders, but to deliver a public utility service to the citizens of The Netherlands. A role that they can do much better, when they don’t feel the ‘carrot and stick of the market place’!

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