Finance and efficiency – Page 89
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News
Exclusive: Special measures trusts forced to pay higher interest on bailouts
Trusts in financial special measures are paying interest rates up to four times higher than some other providers Barts Health Trust faces annual interest charges of £6m Experts liken the higher rates to “kicking someone when they’re down” The DH says rates are designed to “reflect the additional risk ...
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HSJ Local
STP could lead to joint trust leadership
North Cumbria University Hospitals Trust and Cumbria Partnership FT could set up a joint leadership team The move could form part of the region’s sustainability and transformation plan, which aims to bridge £163m funding gap by 2020 Cumbria CCG makes decision over success regime consultation reconfiguration, which forms part ...
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News
Trusts spend £3.2bn a year on corporate services
NHS Improvement figures show trusts spend £3.2bn a year on corporate services Regulator estimates a possible £400m in savings and significant variation Thirteen trusts have corporate costs of more than 7 per cent of income NHS trusts spend £3.2bn a year on corporate services such as HR, finance, ...
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News
Exclusive: Full £800m NHS 'priorities' fund to offset trust deficits
Contingency fund held back from CCGs will be used to offset financial deficits among NHS trusts. Simon Stevens said the money would otherwise have been available for mental health, community and primary care services The fund was created after Department of Health breached spending limit in 2015-16 About ...
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Expert Briefing
The Commissioner: Next steps for STPs, part 2 – Greater Manchester and beyond
What NHS England isn’t telling you, and more indispensable weekly insight for commissioners, by Dave West.
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Expert Briefing
Following the Money: Making the NHS's case to the Treasury
HSJ’s email briefing on NHS finances, savings and efforts to get the health service back in the black.
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News
Bailout delays force trusts to take out extra loans
Further uncertainty over the timing of payments from £1.8bn sustainability and transformation fund This could leave more hospitals struggling to pay suppliers and relying on interest bearing loans from the Department of Health Trusts complain of “unnecessary extra cost and administrative burden” Dozens of NHS trusts face having ...
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Leader
The budget brings war and peace to the NHS
Philip Hammond’s first and last spring budget will spark a fierce struggle over how the extra social care funding due next financial year is spent, but it also appears to signal a truce between NHS England chief executive Simon Stevens and the government over NHS funding.
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News
Exclusive: Where mental health spending misses national target
Four sustainability and transformation plan regions have failed to raise mental health spending as mandated by national leaders, HSJ can reveal.
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News
Hospitals must be 'lippy' over use of increased social care funding
New social care funding must deliver benefits for the NHS delayed transfers No formal NHS influence over spending in 17/18 Government to publish green paper on future of social care NHS organisations should be vocal in demanding that the extra £1bn committed to social care next year is ...
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News
Spring Budget: What it means for STPs, social care, A&E and devolution
HSJ’s analysis of the budget and its impact on the NHS
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Comment
An evidence-based plan for palliative care can ease the NHS crisis
Investment in palliative care with its specialists and home support services could make a major difference to an overstretched NHS, say Irene J Higginson and colleagues
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Expert Briefing
The Commissioner: Next steps for STPs, part 1 – towards accountable care
What NHS England isn’t telling you, and more indispensable weekly insight for commissioners, by Dave West.
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Comment
Mind the growing gap between health and social care
It’s vital that in the forthcoming budget the government makes some bold political decisions that will set the course for putting care and support on a sustainable footing
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News
Budget 2017: What to look out for in health and care
Chancellor Philip Hammond has warned there will be no “spending sprees” in Wednesday’s budget, but there are several areas in which the government may look to support the NHS
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News
Stevens 'not expecting' new capital before autumn
Simon Stevens says he is not expecting “capital questions” to be answered in next week’s budget NHS England chief executive says he has been making the case for social care to receive extra funding Five Year Forward View delivery plan will include “a smaller list of key improvement priorities ...
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News
Private hospital firm reports 13pc rise in NHS revenue
Spire reports jump in NHS work £293m in NHS funded revenue in 2016 is a significant year on year rise Company suggests NHS work will continue to increase Private hospital group Spire Healthcare saw the size of its NHS business grow from £262m in 2015 to £293m in ...
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News
Exclusive: Trusts get £187m incentive payments despite plans slipping
Analysis shows 40 providers now forecast to breach their deficit target after receiving nearly £200m of incentive payments Sustainability and transformation fund was introduced to reward trusts that agree and meet their financial targets Some trusts have received more than two-thirds of their STF allocation, yet are forecast to ...
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Expert Briefing
The Commissioner: Expectations for the Forward View refresh
What NHS England isn’t telling you, and more indispensable weekly insight for commissioners, by Dave West
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News
Private firms warn Stevens over end of purchaser-provider split
The head of the body representing private providers of NHS work has warned Simon Stevens that STPs must act within competition laws.