Contractual design and public-private parternships for hospitals

• Authors: Pedro Pita Barros and Xavier Martínez-Giralt.
• BSE Working Paper: 292 | September 15
• Keywords: Public-private partnerships , contract design
• JEL codes: I11, I18
• Public-private partnerships
• contract design

Recently the Portuguese Government announced the launching of public private partnerships to build hospitals with the distinctive feature that both infrastructure construction and the clinical activities management will be awarded to a private party. Accordingly there appear coordination issues that are novel in the design of PPP contracts. We explore the conditions allowing for the optimal design contracts design under several some plausible scenarios.