All Finance articles – Page 333
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HSJ Local
Sickness costs Heatherwood and Wexham Park over £4m
WORKFORCE: Staff sickness costs at Heatherwood and Wexham Park amounted to £4.2m in between June and December 2010, according to board minutes.
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HSJ Knowledge
How a leaner integrated approach improved older person services at a reduced cost
Gateshead has taken a joint approach to improving services and reducing costs, with a particular focus on older people’s services and long term conditions. Sue Mundy and Eirian Lewis explain the leaner approach.
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HSJ Local
MP calls for DH to investigate Wesham Hospital closure
STRUCTURE: An MP is to call for an urgent Department of Health investigation into a Lancashire hospital closure, after HSJ uncovered legal advice encouraging the foundation responsible to “run down” the facility.
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News
Adult social care 'faces £1bn cut'
Spending on adult social care is to be slashed by around £1bn this year as councils struggle to cope with budget cuts at a time of increased need, new figures show.
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HSJ Knowledge
Identifying areas of readmission, and implementing the right interventions
As readmission rates continue to rise around the country, one trust’s study into the causes should help it avoid financial penalties - and paves the way for others to do the same, reports West Suffolk Hospitals Trust’s senior house officer Nina Wilson.
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HSJ Knowledge
Why effective internal communications have never been so important
A combination of strong communication, teamwork and camaraderie framed within trusting relationships will help achieve remarkable results in times of large-scale change and uncertainty, writes University of Nottingham chief executive Peter Homa.
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News
Exclusive: government admits PFI deals mean 22 trusts will struggle to meet foundation status target
The Department of Health has named 22 hospitals with private finance deals that are “an obstacle to them achieving FT status by April 2014”.
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HSJ Local
NHS Bassetlaw identifies £5.7m of disinvestments
NHS Bassetlaw has identified £5.7m of “disinvestment opportunities” but says these will require £3.7m of one-off costs, including money for a GP incentive scheme.
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News
Nicholson warns on 'unrealistic' savings plans
Sir David Nicholson has urged caution over “unrealistic” savings plans for 2011-12 which could see more trusts go bust.
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News
Variation in surgery rates hints at savings potential
There is a “persistent and widespread” variation in the proportion of NHS patients undergoing operations in different areas in England, a King’s Fund report has found.
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Comment
Performance surplus hides the fact many trusts are facing critical finance problems
Trusts with serious financial problems are in danger of being overlooked as a surplus on “aggregate performance” comforts some in the NHS. Nick Bosanquet looks at five ways to avert the hidden crisis.
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News
Planned funding changes for training risk underskilled staff, warn SHAs
Giving part of the £5bn education budget directly to trusts could leave staff underskilled and create conflicts of interests, strategic health authorities have warned.
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Comment
Sally Gainsbury: scary care cuts
I’ve had reason to delve around local government “savings” plans recently, and compared with QIPP they make for scary reading.
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News
Foundation trust advised to 'run down' hospital
Lawyers advised a cash-strapped foundation trust wanting to close a community hospital that it could bypass public consultation by “running down” the service on “efficiency” grounds.
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News
Pressure on local authority funds raising risk of legal action
The financial pressures facing local authorities are increasing legal disputes with the NHS, say healthcare lawyers.
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Comment
'By 2030, when many need it most, healthcare will be in meltdown'
The long-term effect on healthcare will be catastrophic if we do not change things now, writes Association of the British Pharmaceutical Industry director general Richard Barker.
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HSJ Local
Lancashire Care FT aims to make 5 per cent savings in 2011-12
FINANCE: The foundation will aim to make efficiency savings of 5 per cent of its income base in 2011-12, a document outlining its priorities for the year states.
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HSJ Local
NHS Bedfordshire asks for transformation cash to help with savings
FINANCE: NHS Bedfordshire’s savings targets are reliant on £3.65m of funds from the strategic health authority for investment in services.
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News
Unused drugs 'cost NHS millions'
Millions of pounds of NHS money is wasted on unused medicines that are “stockpiled” in people’s homes, nurses have said.
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HSJ Local
Kent and Medway Partnership expects small deficit for 2010-11
FINANCE: Kent and Medway NHS and Social Care Partnership Trust predicted a small year-end deficit of £0.2m last month.