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Enterprise

NHS delays drive demand for private healthcare to record levels

The private healthcare market has broken yet another record, with private hospital admissions hitting their highest rate in the third quarter of any year

The latest data reveals that private medical insurance has risen by nine per cent (Image: Adam Berry/Getty Images)

The private healthcare sector has once again set a new record, with the highest ever rate of private hospital admissions recorded in the third quarter of any year.

In Q3 2024, º£½ÇÊÓÆµ private hospitals (including self-pay and insured) saw 223,000 admissions, marking a one per cent increase from the same period last year (220,000), as reported by .

Despite a slight five per cent decrease in admissions from Q2 2024, this follows the seasonal trend observed in 2023.

The latest data from PHIN reveals that private medical insurance rose by nine per cent compared to the same quarter last year, while self-pay experienced a slow six per cent decline.

Comparing Q3 2024 to Q3 2023, every English region saw an increase in admissions funded by private medical insurance. London led the way with the most insured admissions, rising from 55,000 to 58,000, followed by the South East at 28,000.

Brett Hill, Head of Health and Protection at Broadstone, attributed this surge in the private healthcare sector to businesses.

"With NHS delays threatening to push millions out of work due to untreated conditions, businesses are increasingly turning to PMI as a proactive solution to safeguard both employee health and productivity," he explained.

He further highlighted that the "value of preventative healthcare benefits, such as health screenings and early interventions, is clearer than ever."