All Private finance initiatives (PFI) articles – Page 10
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HSJ Local
Detailed bids submitted for Royal Liverpool PFI rebuild
COMMERCIAL: Two bidders - Carillion and Horizon - have submitted detailed proposals for the private finance initiative rebuild of Royal Liverpool University Hospital.
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HSJ Local
Council backs loan of up to £100m for Northumbria Healthcare
FINANCE: Northumberland county council has agreed in principle to lend the foundation trust up to £100m in order to buy out its private finance initiative contracts.
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NewsNorth Cumbria takeover bidder estimated it would need £78m over two years
FINANCE: The preferred bidder to take over North Cumbria University Hospitals Trust has estimated it needs the government to pump £78m of financial support into the troubled trust over the next two years.
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NewsFT faces 'absolutely enormous' £56m loss
A foundation trust with a turnover of just over £200m a year expects to make a loss this year of more than £56m.
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HSJ Local
PFI staff strike in Swindon
WORKFORCE: Hospital housekeeping staff employed by a private finance initiative partner have staged a series of walkouts over alleged management bullying.
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News
Unique hybrid finance model planned for trust's PFI
A foundation trust is in talks about combining a “bullet payment” from the Department of Health with its own surplus and charity funds to make a private finance initiative rebuild more affordable.
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NewsCouncil plans £100m loan to buy out foundation's PFI contracts
A local authority is in negotiations to lend up to £100m to a foundation trust seeking to buy out its private finance initiative contracts, HSJ has learned.
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NewsExclusive: Most troubled trust could be allowed to go bankrupt
The most financially troubled hospital trust in England could effectively be allowed go bankrupt and see its work redistributed between the independent sector and other trusts.
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LeaderGovernment won't enjoy efficiency gained from public sector borrowing
Can efficiency be achieved through increased public spending?
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CommentSally Gainsbury: PFI bailouts are a sign of things to come
Those who are worried that the current top-down reconfiguration of the NHS will be the last of its kind received some good cheer last week, when the seven lucky recipients of its £1.5bn private finance initiative bailout scheme were announced.
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NewsGovernment estimates central bail-out of seven trusts will cost £1.5bn
The government has estimated that bailing out hospital trusts with large PFI repayments could cost £1.5bn.
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NewsLIFT companies seek NHS Property Services links
Companies set up under a public-private partnership scheme are positioning themselves to become key partners to NHS Property Services, the firm formed to manage health service assets.
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HSJ Local
Interest in North Bristol tender "encouraging"
COMMERCIAL: North Bristol Trust has received eight pre qualification questionnaires in response to its tender for a partner to build and health and social care centre and provide nursing services.
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NewsExclusive: trusts given days to apply for £300m capital fund
The Department of Health has confirmed the existence of a surprise £300m fund for capital projects that some trusts had seven working days to apply for - and others have still not been told about.
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CommentAll eyes on London's billion-pound merger after SHA sign off
By the time you read this, NHS London will almost certainly have signed off the Barts/Whipps Cross/Newham merger.
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News
Revealed: the six trusts that need DH support with their PFI
Six hospital trusts have been identified as needing Department of Health cash support with their private finance initiative payments in order to make foundation trust status, HSJ can reveal.
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HSJ Local
National quality director takes job as acute chief exec
WORKFORCE: Department of Health national director of quality Ian Cumming is to take over as chief executive at North Bristol Trust when incumbent Ruth Brunt retires next year.
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HSJ Local
Coventry and Warwickshire deficit hits £8.5m
FINANCE: University Hospitals of Coventry and Warwickshire NHS Trust has run up a deficit of more than £8.5m, with cost improvement plan savings falling behind schedule.
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HSJ Local
Sherwood Forest slips on capital spend
FINANCE: Slippage on capital expenditure due to the delay on the renal scheme remains outside of the 25 per cent tolerance level that Monitor applies to capital spend variances.
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NewsOsborne outlines PFI reassessment plans
Chancellor George Osborne today announced a “fundamental reassessment” of the government’s controversial private finance initiative, with the aim of cutting costs and improving transparency.