All Finance articles – Page 36
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PodcastHSJ Podcast: The ICSs already in the red
Two out of three integrated care systems are already reporting sizeable deficits in their first year of existence.
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NewsTrust mergers need not deliver ‘step change’, says NHSE
NHS England has dropped plans to impose a strict test for trust mergers that would have required organisations to demonstrate a ‘step change’ in quality.
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NewsNHSE: Trusts pay ‘unwarranted price variations’ for energy
NHS England’s central commercial function is developing a “coherent category strategy for energy” to standardise trusts’ approach to energy and manage cost pressures in the face of continuing gas and electricity inflation.
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NewsFinance veteran swaps Bermuda for ICS in the red
A veteran finance leader is to return to the NHS next month, after a five-year stint working as chief finance officer of Bermuda’s hospital board.
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HSJ Local‘Relationship breakdown’ between councils and NHS trust
Relationships are said to have broken down between councils and a trust which has just come out of critical incident status amid extreme pressures.
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Expert BriefingNorth by North West: Devo leaders jump on life expectancy findings
Essential insight into NHS matters in the North West of England. Contact me in confidence here.
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NewsTrust lacks ‘grip and control’ over spending
An acute trust facing a worsening financial position has been warned it lacks ‘sufficient grip and control’ on spending.
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NewsExplained: How the Cabinet Office will control trust spending
The ways in which central government will oversee trust spending in the future has been set out in a series of webinars, a letter from the chief commercial officer Jacqui Rock, and a set of frequently asked questions – all of which have been seen by HSJ.
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NewsExclusive: Cabinet Office clamps down on trust spending freedom
NHS trusts will have to receive Cabinet Office approval for any clinical and non-clinical spending over £10m, HSJ can reveal.
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NewsEmergency pension rules extended for some staff
Emergency measures that relaxed pensions rules for some retired NHS staff who returned during the pandemic are being extended for another two and a half years, the government has announced.
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NewsGovt warned NHS may be forced to ‘completely revisit’ investment plans
Increases in inflation will force the NHS to drastically scale back services unless the government provides extra funding, NHS England’s chief financial officer warned today.
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NewsSupplier sues NHSE over ‘defective’ procurement process
A software and IT services supplier is suing the NHS for £6.6m damages because a “defective” procurement system led to it lodging paperwork in the wrong place, excluding its bid for a contract worth up to £144m.
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Expert BriefingLondon Eye: Optimistic savings fall apart
Essential insight into England’s biggest health economy, by HSJ bureau chief Ben Clover.
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News‘Real worry’ as two-thirds of ICSs fall into the red
Two out of three integrated care systems have fallen off track on their financial plans, with many now facing the prospect of having to report sizeable deficits in their first year of operation.
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NewsTemporary staffing agencies see huge jump in income
Companies supplying agency staff to NHS trusts have seen their income increase dramatically, an HSJ analysis of financial documents shows.
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News‘Sack poor NHS managers’, says new government adviser
An MP who has just become a ministerial assistant in the Department of Health and Social Care has called for ‘underperforming’ NHS managers to be ‘sacked’, claiming some executives in the health service earn up to £500,000 per year.
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NewsNew minister: Cutting capital budget ‘deeply short-termist’
New health minister Robert Jenrick has declared that cutting the NHS’s capital budgets would be ‘deeply short-term’ and undermine the government’s ability to put the service on ‘a sustainable footing for the future’.
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Expert BriefingWest Country Chronicle: Peninsula edges closer to shared EPR
From Cornwall to the Cotswolds, West Country Chronicle offers essential insight into NHS matters in the South West. Contact me in confidence here.
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NewsTrust drops mandatory renewable energy scheme with ‘no value’
An NHS trust has dropped a renewable energy mechanism that was intended to support a transition away from fossil fuels, despite it being made mandatory by NHS England.