All Finance and efficiency articles – Page 98
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NewsTrusts must double efficiency savings to avoid 'crude rationing', report warns
New financial controls require 4 per cent efficiency savings from NHS providers, says Nuffield Trust report Savings of 2 per cent widely deemed to be realistic target for the sector, as outlined in Carter review Think tank warns of “crude rationing” to achieve savings required by 2020 NHS ...
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CommentInnovative managers can get the NHS back on a sustainable footing
The NHS has the chance to both put its finances on a sustainable footing and continue to offer innovative treatments – and it’s all in the power of managers, argues Conservative MP Jo Churchill
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NewsMarginal rate for specialised services shelved again
NHS England and NHS Improvement have again shelved the introduction of a marginal rate Regulators twice previously aimed to introduce the measure New proposals include increases to top-up payments for specialised services, including for cardiac, respiratory and cancer services Regulators have again shelved plans for a marginal rate ...
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HSJ KnowledgeRoundtable: How much money is enough?
What are the biggest challenges in making the funding settlement work? This was the question tackled by our expert panel in a recent roundtable debate. Report by Alison Moore
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CommentChief executives’ gameplan over the next year
The future will bring more clarity to the impications of NHS finance in the current political scenario
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NewsNHS Improvement accused of 'dangerously short' pathology shake-up timetable
NHS Improvement accused of setting “dangerously short” timescale for pathology restructuring plans Association for Clinical Biochemistry and Laboratory Medicine claims trusts being “railroaded into consolidation” Concerns raised about lack of clarity regarding Carter review efficiency target NHS Improvement has been accused of imposing a “dangerously short timescale” on ...
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CommentTrying to handle responsibilities without resources
Local authorities will struggle to implement their health and wellbeing strategies if they must be delivered on an ever shorter shoestring
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Expert BriefingThe Commissioner: After the reset; and heads and beds
What NHS England isn’t telling you, and more indispensable weekly insight for commissioners, by Dave West
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NewsNHS spending on consultancy down as CCG interim paybill rises
Overall spending on management consultants dropped to £432m in 2015-16, compared to £604m in 2014-15 Cap introduced last June means local organisations need to request approval for contracts worth more than £50,000 CCG spending on “contingency labour”, including interim directors and secondments, increased in cash terms to £170m ...
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News
NHS England forecasting first ever overspend
Overall commissioning budget forecast to be overspent for the first time There was a £599m underspend in 2015-16, which helped DH avoid a formal parliamentary process to ask for more money CCGs reported a combined £57m overspend for the first quarter of the financial year The overall NHS ...
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Expert BriefingFollowing the Money: The unpalatable options for breaking even this year
HSJ’s weekly email briefing on NHS finances, savings, and efforts to get the health service back in the black
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CommentPoor, ill and costing £33bn a year: we must mend this legacy
Structural changes in society with health as their focus would save many billions of pounds and be good for everyone - especially the most disadvantaged
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News£400m of uncertainty in financial forecast as trusts reject control totals
Seventeen trusts that have not agreed control totals with NHS Improvement are predicting a combined deficit of more than £400m for 2016-17.
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NewsFourteen trusts and CCGs put in 'financial special measures'
Five trusts and nine CCGs in new “financial special measures” regime Trust regime could involve organisations losing control over spending decisions, leaders being removed and the DH exchanging “surplus assets for cash” CCGs could be disbanded, made to share a joint management team or turned into an accountable care ...
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NewsExclusive: DH avoids 'excess vote' on budget, but faces NAO concern
The Department of Health will not have to request extra cash from parliament to cover overspending in 2015-16, but is expected to face concerns over its annual accounts from the National Audit Office, HSJ understands.
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NewsExclusive: Trusts given eight days to declare 'unsustainable service' plans
Trust leaders given eight working days to submit plans for consolidating back-office, pathology and “unsustainable services” Bob Alexander letter says review of early STP submissions indicates areas can “go further” Provider source criticises letter because of “superficiality of what can be achieved” in time given Trusts and sustainability ...
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HSJ Knowledge
Turbulent times put squeeze on hard-pressed finance directors
A survey of finance directors reveals achieving sustainability, safety and financial balance as major challenges
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CommentDevelop finance directors as leaders
Challenging the long-held assumptions about the role of finance directors
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NewsStevens calls for new NHS 'investment fund'
Simon Stevens urges new government to take advantage of record low borrowing costs to set up NHS “investment fund” NHS England chief warns it is an “open question” whether current capital will be enough to cover basic maintenance Brexit campaign’s “£350m” bus “should be impounded as ‘exhibit A’”, he ...
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NewsTransformation funds plugging hospital deficits, say MPs
There are “grave doubts” over attempts to integrate health and social care due to unprecedented financial pressures on the NHS, a group of MPs has concluded.