Can a strong economic case be made for investing in the NHS? In September 2018, Professor Peter Smith delivered the 25th OHE Annual Lecture: Can a Strong Economic Case Be Made for Investing in the NHS? The lecture is now available as a publication, which can be downloaded for free.
Debate about funding has highlighted the difficulty of persuading sceptics that the NHS is a good use of public finance. There is a widely held view – particularly in finance ministries and some sections of the media – that health systems such as the NHS are ‘black holes’, constantly demanding increased funding without concomitant returns to society. Office of Health Economics