But the new that ratings agencies – the discredited Standard & Poors, Moody’s and Fitch – are to rate the success of hospitals in future really says all that needs to be known about The Tories’ objectives: the plan is very clearly to prepare businesses for sale.
Ignore clinical quality, care or any other factor that impacts health outcomes; just look to the financial bottom line.
The proposal actually seems to be asking someone to make sure that the finances of these newly independent hospitals are sound.
But that\’s not the interesting question.
We know that Ritchie insists that it would be much much better if everyone invested their pension money in bonds which are used to build things for local authorities, the NHS, social housing providers and the like.
So, err, who is going to rate those bonds?