All Finance and efficiency articles – Page 86
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NewsNHS spending as proportion of GDP 'would fall under Tories and Labour'
The Conservatives’ manifesto suggests the NHS will receive some additional revenue funding in 2018-19, but that spending over the next five years would be broadly in line with previous commitments.
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HSJ Local
Trust outsources payroll services to neighbour after 'dissatisfaction' with national provider
Salisbury Foundation Trust new provider of payroll and pensions services for University Hospital Southampton Foundation Trust Service was carried out for 12 years by NHS Shared Business Services University Hospital Southampton FT in process of resolving “residual ongoing issues” with NHS Shared Business Services A major acute teaching ...
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Expert BriefingFollowing the Money: Avoiding private providers
HSJ’s email briefing on NHS finances, savings and efforts to get the health service back in the black.
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NewsExclusive: NICE to routinely review drugs' budget impact for NHS England
NICE asked by NHS England to analyse the “finance impact” of new potential treatments Second programme in which a NICE review of treatment costs could potentially impact access NICE will grade clinical evidence available for each treatment, which may impact rare disease medicines The National Institute for Health ...
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HSJ LocalMerger probe should consider wider financial context, trusts argue
CMA is examining the planned merger of Central Manchester University Hospital FT and University Hospital of South Manchester FT The trusts argue greater centralisation of control in the NHS has lessened the role of competition CMA blocked the merger of Royal Bournemouth and Christchurch Hospitals FT and Poole Hospital ...
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HSJ LocalHospital's charity could buy land for possible expansion
Board of newly merged trust agrees to buy land next to children’s hospital First major estate acquisition since Birmingham Women’s and Children’s FT shelved single site plans Charity could buy land on behalf of trust Birmingham Women’s and Children’s Foundation Trust has agreed to buy a property for ...
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CommentWhat finance leaders need to know about making STPs happen
CIPFA chief executive Rob Whiteman on the hurdles en route to achieving the bottom line
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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 ...