All Finance and efficiency articles – Page 83
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HSJ LocalFormer trust chief parachuted in as improvement director at two trusts
Mark Hackett appointed as improvement director at Torbay and South Devon and East Kent FTs East Kent FT is in financial special measures Torbay and South Devon FT needs to make savings equal to 6 per cent of its income Former trust chief executive Mark Hackett has been ...
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HSJ LocalStruggling trust needs £200m to replace unfit estate
Trust submits a £200m estates plan to NHS Improvement to prop up crumbling 1970s estate Staff were left without IT facilities last summer after electrical switch malfunctioned Six buildings to be demolished because they are not fit for purpose A struggling teaching trust has submitted a £200m estates ...
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HSJ LocalLeading south coast trust misses finance target by £8m
Western Sussex Hospitals FT reports £8m deterioration in its finances Trust cites “four unresolved challenges” with CCG as part of the reason CCG launches review into activity coding “to ensure the CCG is appropriately charged for services” A trust which is rated outstanding and is in relative financial ...
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NewsRaids on capital budget to continue until 2020, DH confirms
Health minister confirms capital to revenue transfers will stop in 2019-20, with the size being reduced each year HSJ previously reported that £1bn would be transferred this year, followed by £500m in 2018-19 and £250m in 2019-20 NAO previously raised concerns about repeated raids on the capital budget ...
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Expert BriefingFollowing the Money: The first big move of 2017-18
HSJ’s email briefing on NHS finances, savings and efforts to get the health service back in the black.
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HSJ LocalNew merger trust sets out five year savings plan
New Essex mental health provider must deliver £43m of savings over next five years Essex Partnership University FT focusing on back office shake-up ahead of major service reconfiguration Trust has a £8.6m control total for 2017-18 Essex’s new mental health provider trust must deliver £43m of savings over ...
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HSJ LocalMajor trust sells £50m of land to charity arm
Royal Free Charity bought current operational site at Chase Farm Hospital for £50m This helped Royal Free London FT end 2016-17 with a £15m surplus, after it was previously forecasting a £39m deficit Charity intends to develop housing for key workers on the site Trust says the deal was ...
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NewsTrusts save £40m in eight months via procurement savings
NHS document shows trusts saved £40m in procurement during first eight months of 2016-17 financial year Savings achieved through NHS Supply Chain as part of its £150m efficiency target Procurement model set to change in October 2018 NHS trusts have delivered at least £40m of procurement efficiencies as ...
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NewsNHS land deals could raise billions, second Naylor review finds
Sir Robert Naylor says five London estates schemes have a potential value of more than £1bn each Housing associations interested in NHS staff leasing homes built on NHS land Five land redevelopments on NHS property in London are worth more than a £1bn each, Sir Robert Naylor revealed ...
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HSJ LocalCCG pools entire budget with council in £600m fund
Hull CCG to align entire £400m budget with local authority CCG chief officer joins Hull City Council’s corporate management team Committee in common will approve decisions by new integrated commissioning board A Yorkshire clinical commissioning group is aligning its entire budget with a local authority to create a ...
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NewsExclusive: Regulators crack down on NHS areas 'living off bailouts'
National leaders have set out new measures to control spending in health economies deemed to be “living off bailouts”, which may result in some contracts having to be revisited for the current financial year.
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News'Amazon style' NHS procurement platform delayed
New “Amazon style” online marketplace still being developed Platform was supposed to go live this month but now pushed to autumn The implementation of a new platform intended to save millions of pounds from procurement spending has been delayed, HSJ has learned.
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NewsCCGs face mounting 'aftercare' costs for mental health patients
The average cost per CCG of providing “aftercare” for mental health patients following their discharge has risen by 50 per cent since 2013-14 HSJ investigation finds 78 CCGs did not record how many patients they had on aftercare packages despite legal duty to monitor it The data found 41 ...
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NewsMapped: The health economies with the biggest overspends and underspends
National leaders are still debating how to judge a region’s financial performance.
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Expert BriefingFollowing the Money: Games will be played
HSJ’s email briefing on NHS finances, savings and efforts to get the health service back in the black.
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NewsTrust and royal college raise concerns over drug savings drive
Drug used for pain management in palliative and cancer care included in NHS England list of drugs up for review The Christie medical director says NHS would be doing a “disservice” to patients if it withdrew use of fentanyl Royal college specialist raises concerns the review will lead to ...
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News
AHSN bidding for national procurement contract
An academic health science network is bidding for a multimillion pound Department of Health procurement contract, HSJ understands.
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HSJ LocalSuccess regime trust reveals £40m savings plan
A financially troubled hospital trust has launched an “extremely challenging” plan to save nearly 10 per cent of its income in the next year.
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HSJ LocalTrust faces 'toughest financial challenge ever'
Nottingham University Hospitals Trust has warned staff it is facing its “toughest year yet” in 2017-18 after its performance deteriorated over winter.
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News
More CCGs risk deficit after care home price hike
Commissioning leaders fear funded nursing care price hike could push more CCGs into deficit FOI requests reveal CCGs estimate the rise cost them £152m in 2016-17 Price hike from £112 to £156.25 a week was announced by the Department of Health last year and backdated to April 2016 DH ...