All Finance and efficiency articles – Page 76
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Leader
'Which of the children do we shoot first?' - the budget leaves the NHS with harsh choices
The government has a very clear ambition for the £1.6bn additional funding allocated to the NHS for 2018-19. £1bn is to be used to arrest the decline in elective waiting times and to begin to reduce the waiting list; £600m will be employed to make sure the NHS meets the ...
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News
Chancellor's funding announcement 'plugs some holes' in NHS budget
The chancellor has announced £2.5bn of extra revenue funding to be spread over the next two financial years, plus an in-year boost of £335m for winter pressures.
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News
Autumn budget 2017: How to tell if the NHS has won or lost
The chancellor is expected to announce new funding for the NHS in the budget. HSJ highlights what to look out for and what the government will want in return.
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Comment
The financial picture for trusts in Q2
Tim Connolly shares his insights into the latest quarterly financial and performance figures for the provider sector from NHS Improvement
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HSJ Local
Top teaching trust sees major deterioration in financial position
A major trust has been forced to reforecast its finances after a £44m drop against plan in the first six months of the year.
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News
Trusts must reduce deficits by two-thirds to hit official forecast
NHS trusts must reduce their combined monthly deficit to £107m to meet the official forecast figures in the second half of 2017-18, after recording a monthly deficit of almost £300m in the first half of the year.
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Comment
Three tests this budget needs to pass to reverse the impact of the NHS funding gap
Chris Askew asks whether the budget will reverse the decline of access to timely and good quality healthcare
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HSJ Local
Exclusive: Foundation trust relied on Lloyds Bank loan to pay staff
A London foundation trust was relying on a working capital facility from Lloyds Bank to pay staff each month, documents released to HSJ reveal.
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Comment
Cowper’s Cut: A Budget for putting politics above prosperity
We’re approaching a moment when a government that has been warned that the NHS funding situation will threaten quality, access and safety is going to choose to ignore that warning, says Andy Cowper in the runup to the Budget
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HSJ Local
Trust seeks £15m for naming rights of new building
A specialist hospital is looking for £15m for the naming rights of a new treatment and research centre.
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News
NHS provider sector deficit forecast sinks by more than £150m
The year-end deficit projection for the NHS provider sector has worsened by more than a quarter, NHS Improvement’s latest figures reveal.
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News
Exclusive: One in four hospital trusts routinely pay suppliers late
More than a quarter of hospital trusts are now routinely delaying payments to their suppliers because of cash flow problems, analysis by HSJ reveals.
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News
Winners of NHS contract disputes worth millions revealed
NHS England has released details of three arbitration cases between commissioners and trusts, which were arguing over millions in funding.
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HSJ Local
CCGs handed legal directions after deficits slide
Two clinical commissioning groups in Sussex have been given legal directions after their forecast deficits increased by millions of pounds after just seven months of the financial year.
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News
CCGs spend millions on consultancy for stalled reconfiguration
Commissioners in north west London spent £36m on consultancy firms over the last four financial years – including millions on service redesign recently stalled by NHS Improvement.
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News
Trust subsidiary companies are not 'VAT scam', minister says
Hospital trusts have set up 39 wholly owned subsidiary companies to run parts of their estate and back office functions.
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News
NHS England accused of 'smoke and mirrors' over £1bn fund
NHS England has been accused of using ‘smoke and mirrors’ in its spending of the £1bn primary care fund promised in 2014 by the British Medical Association.
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Expert Briefing
Following the Money: Swimming with no trunks on
HSJ’s expert briefing on NHS finances, savings and efforts to get the health service back in the black.
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Comment
Revealed: The cost of restoring 18 week waits
With some guesses about the costs per case, I calculate recovering 18 weeks sustainably might cost £2.1bn next year and £350m the year after, if other pressures and enough mainstream capacity are funded. Or £4.2bn next year and £1bn the year after, if austerity continues.
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HSJ Local
Exclusive: NHSI condemns trust's 'significant' financial governance failings
A confidential report into a large acute trust has uncovered ‘significant’ financial governance failings over how it agreed its control total for this year, alongside irregularities in its consultancy spend, contracting and use of interim managers.