Hospitals That Got World Bank Loans Wouldn't Let Debtors Leave, Patients Say
Another Healthway QualiMed facility, this one in San Jose del Monte, the Philippines.
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Hi, this is Gavin in London, where I have been reporting on coercive financial practices at World Bank-funded hospitals. More on that shortly, but first ...
Two decades ago, the World Bank decided the massive health-care challenges across the world couldn’t be solved by government programs alone. They needed the participation of business to help plug the gap. So its investment arm, the International Finance Corp., began searching for opportunities to take equity stakes in or provide loans to for-profit providers.