All Finance and efficiency articles – Page 74
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HSJ Local
Deficit trust borrowing £95m to cover overspend
A £539m turnover trust will need to borrow £95.5m in 2017-18 to achieve its financial targets, it has revealed.
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HSJ Local
Struggling CCG's deficit spirals for second year running
A struggling clinical commissioning group has seen its forecast deficit spiral for the second year in a row, more than quadrupling to £20m for 2017-18.
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News
Procurement body recruiting new director ahead of major project
A new managing director is being sought by a body tasked with delivering millions of pounds worth of procurement savings to the NHS.
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News
NHSI: Nearly all trusts paying for price comparison tool
Almost all trusts in England have started paying for a software which aims to identify savings opportunities in procurement, NHS Improvement has said.
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HSJ Local
Trust seeks £15m DH support as deficit forecast balloons
A trust in financial special measures is to seek up to £15m of working capital support from the Department of Health after its planned deficit quadrupled.
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HSJ Local
Trusts across STPs hope to merge by spring 2018
Two trusts in neighbouring sustainability and transformation partnerships have confirmed they aim to merge in early 2018, following the outcome of a review by the Competition and Markets Authority.
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Comment
Cowper’s Cut: The what, the why and the how
Andy Cowper on how it may be time for a fresh look at the problems facing NHS services and organisations
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News
Trust leaders notified of extra funding allocations with 'clear expectation'
National bodies have written to hospital leaders to detail their allocations from the £335m winter funding announced in the budget.
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News
Significant savings from mental and physical health integration pioneers
Providing talking therapies to patients with long term conditions saved nearly £200,000 for physical health services in one trailblazing site, data shared exclusively with HSJ shows.
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News
Half of new winter money to boost provider bottom lines
National leaders have agreed at least half of the £335m winter funding announced in the budget should support trusts that were already buying in extra capacity, HSJ understands.
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News
Exclusive: Private patient transport firm to be dissolved
A company that was heavily criticised over a shambolic patient transport services contract in Sussex is to be dissolved, Companies House has confirmed.
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Expert Briefing
Following the Money: The true test of collective thinking
HSJ’s expert briefing on NHS finances, savings and efforts to get the health service back in the black.
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News
Trusts face wait until 2019 for savings from procurement shake-up
NHS trusts should not start planning for savings through the new national procurement model until 2019-20, a senior Department of Health official has said.
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News
Exclusive: Mental health services get £18m winter boost to support A&E
Mental health services are to be handed nearly £20m of the new £335m winter resilience funding to help take the pressure off beleaguered accident and emergency departments, HSJ can reveal.
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News
Mackey criticises NHS 'negativity' over budget
Jim Mackey has warned that negativity over the NHS’s budget settlement will have “pissed off” ministers, arguing the £1.6bn of new funding was a “serious investment” which could deliver real improvements – but only if stabilising chaotic emergency departments was prioritised.
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News
Interest rates on bailout loans 'absolute madness', says former NHSI boss
Jim Mackey has criticised the Department of Health for applying “totally pointless” interest rates to the bailout loans that support financially struggling NHS hospitals.
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HSJ Local
Trust searches for 'imaginative' estates partner in £100m deal
An integrated foundation trust is looking to partner with a private company for up to 25 years in a bid to unlock capital funding for its future estates plans.
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HSJ Local
Trusts consider new pathology hub at university
NHS leaders in Lancashire are hopeful that four acute trusts will agree to consolidate pathology services on a university site in the north of the county, in a project that would cost £31m.
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News
Royal college concerned over lack of investment for pathology shake-up
The new president of the Royal College of Pathologists has said she is concerned about a lack of investment in new laboratory IT systems amid a national overhaul of NHS pathology departments.
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Comment
Safety or targets? The government's choice on routine waiting times
NHS England’s priorities point to a patient safety approach on waiting times. But will the government override them in pursuit of targets?