All Private finance initiatives (PFI) articles – Page 11
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HSJ Local
Maidstone and Tunbridge Wells confident of breakeven
FINANCE: Maidstone and Tunbridge Wells Trust is still forecasting breakeven for the financial year, despite the added costs of its new PFI hospital at Pembury.
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HSJ Local
Sherwood Forest considers removing PFI asset
STRUCTURE: The trust agreed to consider removing Mansfield Community Hospital from its private finance initiative if it could not transfer to the trust under Transforming Community Services.
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CommentReview of London trusts reveals fears for safety
By now everyone in London’s heard of the SaFE review. NHS London commissioned consultants McKinsey to put together the Safe and Financially Effective paper and it has sat on desks for a few weeks at Southside. It’s explosive.
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HSJ Local
McKinsey finds Sherwood Forest's PFI is 'sustainable'
FINANCE: A McKinsey review of the trust’s private finance initiative has found it is sustainable, with health community support.
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HSJ Local
West Middlesex paying £4.2m a year in interest
FINANCE: The west London trust, which has an annual turnover of £149m, is paying £3.4m a year interest on its PFI and £800k for a DH loan.
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HSJ Local
Peterborough and Stamford needed 'advance payments' for cash position
FINANCE: Peterborough and Stamford FT has secured “advance payments” from PCTs to continue operating despite a cash shortage, according to board documents.
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HSJ Local
Bristol acute tenders for provision of nursing care
COMMERCIAL: An acute trust has issued a highly unusual tender for private partners to help run and build a new health and social care centre.
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HSJ Local
North Bristol 'puzzled' to be on Lansley's PFI list
FINANCE: The chief executive of North Bristol Trust was “puzzled” to find the trust included on a list of organisations whose private finance initiative deals may prevent them becoming foundation trusts, board minutes reveal.
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HSJ KnowledgePFI spy: how to make the most of private finance initiatives
The situation for trusts paying for PFI projects is not all doom and gloom. There are still ways to find savings, says Vincent King.
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NewsLansley sets out 'four tests' for hospital bailout and threatens to sack boards
Andrew Lansley has said trusts who want loans as they try to achieve foundation status will have to pass four tests.
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HSJ Local
NHS Herefordshire helps out new ICO
FINANCE: NHS Herefordshire has been supporting Wye Valley Trust with its private finance intitiative payments and “without prejudice” payments for activity above plan.
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NewsBristol trusts discuss £1bn merger
Two acute trusts in Bristol are in “ongoing discussions” about merging to create an organisation with a turnover close to £1bn.
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NewsLansley identifies 20 'unsustainable' trusts
The government has identified 20 trusts whose “clinical and financial stability is at risk” because of “cash-flow shortages” and legacy debt.
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HSJ Local
Contract to wire North Bristol Trust new PFI hospital awarded
COMMERCIAL: Apex Wiring Solutions has won a multi-million pound contract to supply wiring for North Bristol Trust’s new £430m private finance initiative hospital.
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CommentThe system needs fixing if we're to find the financiers
The NHS’s flawed payments system must be mended and evolved into something more robust and attractive in order to secure the as-yet-undecided new financiers, warn James Barlow, Colin Gray and Steve Wright.
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NewsCCP puts patient benefit over patient choice in acute merger
The Co-operation and Competition Panel has advised, for the first time, that a merger between two rival providers can go ahead, because the potential benefits outweighed the reduction in patient choice.
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CommentMedia Watch: Labour's legacy looms large during conference season
In recent months the government has faced an onslaught in the media over the Health Bill, waiting times and privatisation in theNHS.
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News
Nicholson says only 'small number' of PFI hospitals need extra funds
NHS chief executive Sir David Nicholson appeared to contradict Andrew Lansley today when he told the Mid Staffs inquiry most PFI hospitals were “not in financial difficulty”.
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HSJ Local
St Helens and Knowsley Teaching Hospitals cash plan anticipates 'PFI support'
FINANCE: The trust has reported that it will be able to manage its cash flow as planned provided it receives “all anticipated financial support” for its private finance initiative development.
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HSJ Local
NHS Bolton asked to call halt to planned development of six health centres
FINANCE: The primary care trust’s board will this week be asked to back proposals to call a halt to its plans to build 10 new health centres across the area.