All Finance and efficiency articles – Page 78
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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.
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News
STP region aims for huge savings across elective care
Commissioning leaders are aiming to save £50m a year by standardising policies in elective care across their sustainability and transformation partnership footprint.
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HSJ Local
Exclusive: Shelford Group trust risks £96m deficit
A Shelford Group trust has revealed a £31.8m deterioration in its financial position after carrying out a re-forecast ordered by NHS Improvement.
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Comment
Stevens' mission on NHS funding will go on beyond the budget
Simon Stevens’ funding call ahead of the budget has grabbed headlines, but why was it necessary and how will it go down in Whitehall?
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News
Hunt: I still need to win NHS funding argument with chancellor
Jeremy Hunt has acknowledged more funding will be needed for the NHS but warned he has not yet won the argument with the chancellor.
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News
New league table to rank trusts on procurement
Hospitals will be publicly ranked on the prices they pay for routine goods in a new league table, Jeremy Hunt announced today.
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HSJ Local
Commissioners U-turn on controversial 12 week minimum waits
One of the NHS’s largest clinical commissioning groups is set to ditch a controversial policy enforcing 12 week minimum waiting times for adults needing “non-urgent” treatment – just two months after setting out the plan.
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News
Confed: 'Precarious' NHS needs extra £4bn just to sustain services
The health service needs a minimum of £4bn additional revenue just to sustain day to day services, the NHS Confederation has warned.
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News
Half of trusts miss first deadline to fund procurement transparency tool
Around half of NHS trusts are yet to pay for a procurement analytics tool despite being told to do so in August.
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HSJ Local
Exclusive: Investigation into financial management of large acute trust
An investigation has been launched into the financial management of a large acute trust after external suppliers began threatening legal action over unpaid bills, HSJ has learned.