All Finance articles – Page 41
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NewsNew national ‘commercial function’ will be built ‘by the NHS for the NHS’
A new ’central commercial function’ will take command of NHS procurement strategy in an effort to improve how the service buys goods and services, NHS England chief commercial officer Jacqui Rock has told HSJ.
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NewsNHSE extends Capita primary care contract for £94m
NHS England has extended Capita’s primary care support services contract for three more years for £94m.
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NewsUPDATED: Cancer provider collapses despite NHS catch-up drive
A private cancer diagnostic and treatment provider which last year signed a ‘game-changing’ elective recovery deal with an NHS trust has collapsed and is set to be liquidated.
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HSJ LocalTrust sues over PFI building failures
One of England’s largest NHS trusts is suing its private finance initiative provider and an international construction company for millions after fire safety defects forced part of an acute hospital to close.
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NewsICSs set for £1bn+ gap in first year despite new money
Local systems face a financial gap of more than £1bn in 2022-23, even after factoring in additional inflation funding provided by NHS England last week.
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HSJ PartnersLocum’s Nest raises strategic funding round to support 100 trust deployment and £1bn NHS savings target
Healthtech company Locum’s Nest has received a multimillion strategic funding that it will use to hit £1bn in financial savings for the NHS
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NewsBabylon ‘cautious on NHS expansion’ as it ‘loses money on every patient’
Digital provider Babylon Health is going to be “very cautious” about any further growth of its GP services in the UK, as it still loses money on every patient it sees, its chief executive has said.
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NewsMedical CEOs face 'one slip and you move on' policy from centre
Moving to a joint chair with a neighbouring foundation trust encourages better integration – and is not an indicator it is struggling – a provider chief has told HSJ.
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NewsTrusts block pensions deal for senior medics, claiming it is ‘unfair’ on other staff
Ten of the most pressured NHS trusts have refused to offer ‘pension recycling’ to help senior doctors avoid higher pension taxes, with sources saying this would be ‘totally unfair’ on lower paid staff.
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Exclusive: Trusts and systems to be given £1.5bn to cover inflation costs
Local NHS organisations will be given an extra £1.5bn in 2022-23 to help cope with inflation and other cost pressures – and have been told to make extra savings to bring their budgets into balance, HSJ has discovered.
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NewsBig hospitals warn NHSE of dangers of ICS takeover
Moving specialised services commissioning from NHS England to integrated care systems risks fragmenting provision, creating post-code lotteries and diluting quality and expertise, a group representing some of the largest tertiary trusts has told NHS England.
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NewsFears of delay to flagship ‘new hospitals’ after funding cut
Several of the ‘40 new hospitals’ promised by government face further delay and disruption because the trusts are receiving less cash than needed for crucial planning work this year, HSJ can reveal.
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NewsFunding overhaul for mental health beds revealed
National NHS officials have proposed a major shift in the funding model for inpatient mental health beds for children and young people, information seen by HSJ reveals.
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Expert BriefingWest Country Chronicle: Scandal-hit trusts show signs of progress
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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NewsTougher cancer target considered by ministers
Government is considering setting a tougher cancer diagnostic target as part of its declared ‘war on cancer’, HSJ has been told.
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News‘One last chance to get it right’ for ‘inadequate’ trust, says chair
The chair of what may be England’s most challenged trust has rejected suggestions that it needs a ‘wholesale reorganisation’ but said it is on its ‘last chance to get it right’.
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NewsTrust hit by £2m penalty due to broken roof in ‘toughest year’ for funding
A well-regarded foundation trust expects to lose £9m for missing elective recovery targets in 2022-23, £2m of which is because it needs to close theatres to fix a dangerous roof.
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NewsMajority of ICSs admit purchasing plans still work in progress two months before launch
Most integrated care systems have not appointed a procurement lead despite NHS England directing the new local bodies to have a dedicated director in place by April, an HSJ analysis suggests.
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NewsTrust abandons £150m commercial loan plan
A trust has abandoned a proposal to borrow £150m from a commercial lender to plug gaps in government capital funding.
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NewsExclusive: Every health system to face real-terms funding cut in 2022-23
Every health system has seen their core recurrent funding reduce in real terms in 2022-23, analysis by HSJ reveals.