Member

I will go into those in a little more depth. I suspect it will surprise many members of the public to know that, last year, the NHS spent more than £2 billion on private mental health hospitals. That is a £279 million increase on 2023, reflecting the decades of cuts in beds. This is not a competitive market situation. The two biggest providers, the Priory Group and Signet Healthcare, generated £509 million and £560 million in revenue last year and account for more than 68% of what is being described as the market in our private healthcare.