All Finance articles – Page 326
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NewsCost of treating brain disorders doubles
Treating brain disorders such as depression and dementia in the UK is costing £116bn annually, a total which has risen more than 50 per cent in just six years.
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NewsSupply chain faces challenges on two fronts over legal concerns
The procurement service for the NHS is facing challenges on two fronts, HSJ can reveal, amid claims some of its frameworks could put trusts at risk of legal action.
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CommentMichael White: the search for Tory health debate beyond the fringe
Before the Tory faithful arrived in Manchester for their 2011 conference, a veteran party figure predicted the NHS would not feature much, despite the turbulence behind the Health Bill and the frantic applause lines which Ed Miliband effortlessly generated in the service’s defence a week earlier in Liverpool.
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Comment'We cannot tolerate incompetence in the search for sustainability'
The turnaround of one factory into an efficient, clean, collaborative and effective faciility should shame healthcare organisations into doing more to make sure sustainability in the NHS becomes less an ideal and more a way of working, writes Sir John Oldham.
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CommentSally Gainsbury: in theory, the reality could be even worse
Let us start, as we hacks are so fond of doing, with the bad news. The Department of Health’s first quarterly report for 2011-12 reveals primary care trusts are planning to take savings worth £3.1bn out of acute care this financial year alone.
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News'No evidence' that collaborative procurement lowers prices, FT Network says
The Foundation Trust Network has published a study which it says found “no evidence” that collaborative purchasing leads to lower prices for medical supplies.
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HSJ Local
Humber and East Yorks cluster announces CCG delegation
FINANCE: From October 2011, four new clinical commissioning group (CCG) committees, led by local GPs, will take the leading role in planning and delivering £1.1bn health care services for Hull, the East Riding of Yorkshire, North Lincolnshire and North East Lincolnshire.
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LeaderDH chases up service changes with an undisguised urgency
The Department of Health’s report on the NHS’s record in the months April to June presents an impressive list of achievements and the NHS staff responsible for them should rightly feel proud. But look closer and a less reassuring picture emerges.
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NewsIT decisions 'down to trusts' despite contracts
The NHS IT scheme’s remaining contracts will not stop the government from devolving decisions locally, the Department of Health’s new informatics chief has claimed.
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NewsGrowing financial pressure on most-challenged acutes
The financial position of the most challenged acute providers is falling further behind that of their peers, the first NHS-wide financial reports for 2011-12 reveal.
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NewsMid Staffs to close 165 beds on road to recovery
Mid Staffordshire Foundation Trust is to close nearly 40 per cent of its beds as part of a recovery plan designed to tackle its growing deficit.
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HSJ Local
North Cumbria finances remain ‘very fragile’ with £7m shortfall in savings plan
FINANCE: After the first five months of 2011-12 the trust had achieved cost improvement programme savings of just £3m, against a target of £15.2m for the year.
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NewsNumber of trusts predicting 2011-12 deficit trebles compared with last year - DH report
The number of NHS trusts predicting a full year deficit at the end of the first quarter of 2011-12 trebled compared with the same period last year, new Department of Health figures show.
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HSJ Local
Southampton gets FT status after DH promise of 'restructured' debt
STRUCTURE: A large hospital trust on the south coast has achieved foundation status, after being told its debt would be “restructured” by the Department of Health.
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News'Medical tourism' warning over government cuts
The number of patients travelling abroad for medical treatment could rise significantly due to government cuts, a new report has suggested.
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HSJ Local
South London Healthcare Trust reports £3.3m savings shortfall
FINANCE: The south east London acute trust was aiming for savings of £6.8m by the end of month five but missed that by £3.3m.
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HSJ Local
Leicester planning to raise parking charges
FINANCE: The trust is proposing to increase staff parking charges by at least 13.5 per cent.
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News
Number of financially troubled FTs doubles
The number of foundation trusts with serious financial problems has doubled since the last quarter, new data shows.
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Comment'Healthcare without competition is financially unsustainable'
Despite increased competition raising fears, in some quarters, for the future of the NHS, now is not the time to play it safe - but to harness its power to do great things, says Sir Stephen Bubb.
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NewsExclusive: government funding changes 'will transfer £700m from poor to rich areas'
The government’s decision to give less weight to health inequalities when allocating NHS funds will ultimately lead to £718m a year being transferred from areas with poor health to those with good health, research suggests.