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The OFT Report – April 2012

The OFT report has now been published and you can read it here.

This report discusses the asymmetries of information which the OFT perceive as an issue.  The OFT have looked at the consultant/patient relationship in terms of a cost quality equation.  Other issues raised were over fee transparency incentivisation and certain matters relating to anaesthetic fees.

The LCA has given evidence to the OFT and will also be submitting evidence to the Competition Commission Inquiry which has now been recommended by the OFT.  The LCA’s position on incentivisation is being discussed as this varies in its application.  The production of quality information is something the LCA will support.  The fee transparency and giving patients an estimate of fees has always been part of the LCA recommendations.

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