All Finance articles – Page 335
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HSJ Local
South West Essex PCT pins hopes on £8m contingency release
FINANCE: The South West Essex primary care trust will need £8m of contingency funds to break even this year.
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News
NHS missing out on high-cost equipment savings
The NHS is missing the chance to save money on expensive equipment by failing to collaborate on purchasing and maintenance, a National Audit Office investigation has found.
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Comment
Media Watch: flu vaccine orders get in early
Just as everyone was reaching for their sunglasses, the Guardian reported how GPs had already been told to start ordering flu vaccine stocks for next winter.
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Comment
London trusts' savings to fall short despite cost-cutting success
It is becoming clear that while trusts in London have succeeded in cutting costs during 2010-11, savings will fall significantly short of what was planned, meaning surplus targets will not be met.
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News
Government has not done enough to prevent price competition - Confed
The government must set prices across most aspects of health service provision to prevent price competition accelerating under its reforms, the NHS Confederation has warned.
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News
Mid Staffs understaffing problems 'concealed' from board
A report highlighting major understaffing at Mid Staffordshire Foundation Trust was withheld from the board by the chief executive until foundation status was gained, the public inquiry heard this week.
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News
'Firm action' needed on access targets, DH warns
“Firm action” is needed to tackle sliding performance against access targets, according to the latest quarterly report from the Department of Health.
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HSJ Local
NHS Enfield predicts deficit next year
FINANCE: NHS Enfield is forecasting a deficit of more than £20m for 2011-12 – but this depends on a £30m efficiency savings programme heavily reliant on tighter contracts with acute trusts.
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News
Advocacy groups requiring HealthWatch role assistance
Around one-third of the patients advocacy groups expected to become Local HealthWatch scrutiny teams need to up their game before taking on their new roles as part of the government’s health reforms, according to a health minister.
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News
Southern Cross insists lease issues can be fixed
The chief executive of troubled care-home provider Southern Cross has insisted the company’s future can be secured through negotiations with landlords over the coming weeks.
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HSJ Local
The Whittington records £700,000 deficit in February
FINANCE: The Whittington Hospital NHS Trust has recorded an in-month deficit of more than £700,000, due mainly to an under-performance on clinical income and increasing staff costs.
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HSJ Local
'Gaps' remain in Mid Essex QIPP plan for next year
FINANCE: The Mid Essex primary care trust has identified issues with it efficiency planning for the 2011-12 financial year.
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HSJ Local
Norfolk PCT to fall short of savings target
FINANCE: The Norfolk primary care trust expects to fall £6m short of its savings targets for the 2010-11 financial year.
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HSJ Local
NHS Bury lifts IVF ban, despite continued overspending
FINANCE: A financially challenged primary care trust has lifted the bar it placed on IVF services, despite continuing to overspend at a rate of £600,000 a month.
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HSJ Local
NHS Barking and Dagenham best in sector for viability of QIPP plans
FINANCE: The east London primary care trust’s £6.1m quality, innovation, productivity and prevention plan (QIPP), submitted in January, has been fully risk-assessed as the best of the four outer north east London PCTs.
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HSJ Local
NHS Richmond agrees year-end settlements with two key providers
FINANCE: The south west London primary care trust has agreed a year-end settlement plan with Kingston and West Middlesex University Hospitals and is “finalising” a similar deal with St George’s.
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HSJ Local
Islington practices still referring 'low priority' procedures
FINANCE: The primary care trust’s finance papers have highlighted four practices still referring ‘low priority’ procedures.
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News
Rethink public health data cuts - watchdog
A watchdog has called for a government rethink after discovering the NHS is set to axe the collection of key data on smoking, drinking and other health issues to cut costs.
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HSJ Local
Tameside FT overperforming by £3.6m on PCT contract
FINANCE: The foundation was over-performing on its NHS Tameside and Glossop contract by £3.6m at the end of December, the primary care trust’s latest finance report shows.
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HSJ Local
Tameside and Glossop outlines £10.2m QIPP saving plan for 2011-12
FINANCE: The primary care trust estimates it will have to make quality, innovation, productivity and prevention savings of £10.2m in 2011/12 after hitting a savings target of £24.9m this year, its new financial plan states.