All Finance articles – Page 343
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HSJ Local
PFI accounting change threatens Hinchingbrooke finances
FINANCE: Changes in the rules around accounting for expenditure under the private finance initiative could threaten Hinchingbrooke Health Care’s ability to breakeven for the year, according to board papers.
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HSJ Local
Commissioning change 'delaying QIPP' at Newcastle FT
FINANCE: Quality, improvement, productivity and prevention (QIPP) planning around Newcastle is being further delayed by reforms to the local commissioning landscape, a foundation trust is reporting.
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HSJ Local
Workforce spending cuts aid Princess Alexandra's finances
FINANCE: The Princess Alexandra Hospital Trust has reigned in its spending and is predicting a year-end breakeven, thanks largely to reductions in workforce expenditure.
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HSJ Local
Suffolk Mental Health Trust predicts surplus, despite risks
FINANCE: Suffolk Mental Health Partnership Trust is forecasting that it will hit its surplus target of £0.8m by the end of the year, despite risks including a merger with a neighbouring trust.
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HSJ Local
Pennine acute misses 12 out of 65 performance targets
PERFORMANCE: The trust was failing against three national targets and nine local targets at the end of January, its latest “scorecard” shows.
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HSJ Local
North Staffs PCT on course for surplus despite provider overspend
FINANCE: NHS North Staffordshire has said it is “on track” to achieve a small surplus at the end of the year.
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HSJ Local
Slow progress on NHS Salford strategic investments leaves funds at risk
FINANCE: Slow progress on a series of planned public health initiatives are the “main reason” for the primary care trust’s plan to lodge an extra £2.5m with NHS North West this year.
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HSJ Local
Cash shortages delay George Eliot's outpatient scheme
STRUCTURE: George Eliot Hospital Trust has had to delay a planned outpatient redevelopment due to financial constraints.
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HSJ Local
UH South Manchester forecast to over-perform on Stockport contract
FINANCE: NHS Stockport is forecasting that its £21.6m contract with the foundation trust will be overspent by more than 10 per cent this year.
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News
Alcohol and drug care 'saves money'
Every pound spent on helping teenagers cope with drug and alcohol problems saves the taxpayer up to £8 over a lifetime, economists have said.
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HSJ Local
Stockport FT contract £2.5m overspent, while waiting times increase
FINANCE: The foundation had over-performed on its contract with NHS Stockport by £2.5m by the end of January, board papers from the primary care trust show.
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HSJ Local
Salford plans new tactic to curb use of high-cost antipsychotics at Greater Manchester West FT
FINANCE: NHS Salford is seeking the support of two other commissioners to instruct the mental health trust to switch to prescribing cheaper antipsychotic drugs.
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HSJ Local
Moorfields Eye Hospital Foundation Trust £1.9m ahead of budget for the month
FINANCE: The specialist trust was predicting a deficit of £400,000 for January but instead saw a surplus of £1.5m.
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HSJ Local
£3m surplus at Coventry and Warwickshire Mental Health Trust
FINANCE: Coventry and Warwickshire Partnership Trust has collected a surplus of over £3m so far this financial year.
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HSJ Local
PCT disputes "unexplained increase" in admissions to University Hospital Birmingham Foundation Trust
FINANCE: There has been a “significant and unexplained increase” in emergency short-stay admissions at University Hospitals Birmingham Foundation Trust, according to commissioners.
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HSJ Local
Funding fears for teenage pregnancy services in South Birmingham amid PCT "red risk"
PERFORMANCE: Young people in south Birmingham are not being referred to services aimed at reducing teenage pregnancy, even though conception rates are running at 41 per cent above target.
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HSJ Local
NHS Stockport forecasts £7m shortfall on turnaround savings plan
FINANCE: The primary care trust has reported that its turnaround plan to deliver £17.4m of cash releasing efficiency savings this year will fall short by £7m.
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HSJ Local
NHS South Staffordshire claws back money from SHA
FINANCE: NHS South Staffordshire said it had improved its deficit during December and its position would be further strengthened by the agreed return of reserves by its strategic health authority.
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HSJ Local
Liverpool Women’s FT behind on five CQUIN commitments
PERFORMANCE: The foundation is underperforming on five commissioning for quality and innovation schemes, which make a proportion of its income dependent on quality improvements.
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HSJ Local
NHS South Birmingham sees jump in private sector spending
FINANCE: Non-contracted elective spending on private providers is predicted to jump from £300,000 to £1.5m this year at NHS South Birmingham.