Finance and efficiency – Page 85
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HSJ LocalTrust's financial position £60m worse than expected after audit judgement
Auditors said land sale by the Royal Free London Foundation Trust should not register in the accounts for 2016-17 Decision does not change underlying position but means the trust misses out on incentive payments worth £14m Provider sector position for 2016-17 will also worsen by £47m A large ...
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NewsMackey: NHS trust sector expects £500m deficit this year
Regulators previously said the trust sector would need to breakeven in 2017-18 Jim Mackey says plans set by local providers aggregated to a deficit of £496m NHS Improvement chief executive says small number of trusts account for most of the projected deficit NHS trusts are predicting a deficit ...
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Expert BriefingFollowing the Money: Tide turns on PbR
HSJ’s email briefing on NHS finances, savings and efforts to get the health service back in the black.
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NewsExclusive: Private deals being planned to release Naylor billions
“Project Phoenix” being developed to generate billions in property sales Public private partnerships could be created in six areas of the country Business case currently with the Department of Health The government is poised to agree several major deals with private firms to unlock capital funds ...
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HSJ LocalTrusts need millions in extra funding for Mid Staffs dissolution
UHNM and Royal Wolverhampton trusts both seeking millions in additional funding linked to dissolution of Mid Staffordshire FT UHNM forecasting a year-end deficit of £119m in 2017-18 Mid Staffs trust special administration process ended in March after £300m extra funding Trust leaders in the Midlands are seeking millions ...
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HSJ Local
CCG reports £7m deterioration in final months of financial year
A clinical commissioning group in Surrey has reported a deterioration of £7.4m in the final three months of 2016-17.
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HSJ LocalRegulator called in to settle trust’s multimillion pound rent dispute
Cornwall Partnership Foundation Trust and NHS Property Services unable to agree lease terms after 14 months Trust refusing to pay unpaid rent worth £5.7m Arbitrators from NHS Improvement called in to resolve dispute NHS Improvement has been brought in to resolve a dispute between NHS Property Services and ...
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NewsPrivate income up £20m at London specialist trusts
The capital’s specialist trusts have seen significant increases in their private income over the past year.
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NewsExclusive: Ten hospital trusts abandoning PbR for block contracts
One in four acute providers now mostly contracted through some form of block payment or risk share, research suggests 28 per cent increase in the cash value of block contracts in 2017-18, compared to 2016-17. Analysis was based on freedom of information request responses from 85 trusts, which represents ...
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HSJ LocalFinance director in leading 'ACS' switches from trust to CCG
A finance director has left his trust after 18 years to join a local clinical commissioning group with a budget of more than £1bn.
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HSJ LocalLong-running contract row settled by trust and CCGs
Mid Cheshire Foundation Trust and CCGs were unable to agree a deal on 2016-17 or 2017-18 contracts Expert determination, organised by regulators, ruled in April over the dispute The agreement has not been released but the trust described the result as “satisfactory” The dispute over a multimillion pound ...
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NewsLabour confirm they will not repeal full 2012 Health Act
Labour will not roll back the entire Health and Social Care Act if it forms the next government, the shadow health secretary has told HSJ.
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NewsCQC: Social care £2bn not just for cutting hospital delays
Additional government funding for social care this Parliament is “there for social care in its entirety”, not only preventing delays in hospitals, the sector’s chief inspector has said.
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NewsDH procurement drive shunned by leading firms
NHS Shared Business Services and HealthTrust Europe believed not to be bidding for new procurement ‘category towers’ Deadline closed for first six of ten towers last month Combined value of towers contracts estimated at around £150m Two of the largest procurement organisations serving the NHS are not bidding ...
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NewsMapped: STPs getting most and least from £1.8bn national fund
Analysis by HSJ reveals which health regions gained the most from the first year of the £1.8bn “sustainability and transformation fund”.
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NewsTrusts left 'drowning in debt' by Treasury-driven scheme
The way that sustainability funding has been distributed risks creating huge imbalances where some NHS trusts become “cash rich” and others are “drowning in debt”, experts have warned.
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News
Following the Money: Winners and losers from £1.8bn national fund
HSJ’s expert briefing on NHS finances, savings and efforts to get the health service back in the black.
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NewsNew CQC inspection model depends on £9m IT upgrade
CQC said that if the IT project fails ”we won’t be able to deliver our programme on a reduced budget” “Relatively high” risk levels surround the project due to “fundamental gaps” in current skills and technology and potential to delay roll out of inspection dashboards Work to first begin ...
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NewsFirst commissioning support unit moves towards independence
A shadow board has been set up to pave the way for a commissioning support unit to turn into a community interest company owned by its customers, HSJ can reveal.
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HSJ LocalHospital rebuild plan depends on extra private patient income
The business case for a proposed hospital rebuild depends on its medical consultants carrying out more of their private work at the site, the trust’s board has heard.