Multidimensional principal–agent value for money in healthcare project financing

Roberto Moro Visconti

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Public-Private Partnership Projects Health Services Management and Policy Life Cycle Costing Analysis

Abstract

Value for money (VfM) is a key parameter for the public sector in the choice between a public–private partnership (PPP) and traditional procurement, especially for healthcare infrastructure. This paper investigates the differences in what VfM means to the public and private sectors.

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References

2010Australian Journal of Public Administration 2024OECD Journal on Budgeting 2011How To Attain Value for Money 2012Value for Money and Risk in Public–Private Partnerships 2008The State of the Practice of Value for Money Analysis in Comparing Public Private Partnerships to Traditional Procurements 2009Delivering Innovation in Hospital Construction: Contracts and Collaboration in the UK's Private Finance Initiative Hospitals Program 2009Towards a Principal-Agent Based Typology of Risks in Public-Private Partnerships 2011Determinants of adaptation costs in procurement: an empirical estimation on Italian public works contracts

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2017Public–Private Partnerships for Sustainable Healthcare in Emerging Economies

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