What is Privatization of Healthcare?
Privatization of Healthcare refers to the transfer of ownership, management, and control of healthcare services and facilities from the public sector to the private sector. This can involve private investment in hospitals, diagnostic centers, and other healthcare providers.
Historical Background
Privatization in healthcare has been driven by factors such as limited public resources, increasing demand for healthcare services, and the perceived efficiency of the private sector. However, it has also raised concerns about equity, affordability, and quality of care.