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Monitor's failure regime criticised by private providers

2nd February 2012

Private mental health firms are lobbying for significant changes to regulator Monitor’s proposed failure regime.

They are concerned that rules putting “patients ahead of creditors” will prevent them from borrowing. Under the government’s NHS reforms, insolvent providers of essential NHS services would be subject to a special form of administration which is intended to ensure uninterrupted access to patient care. Under its consultation process, Monitor is proposing that commissioners would request that certain services were given additional protection from closure.

 

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