All Private finance initiatives (PFI) articles – Page 13
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HSJ Local
Minister announces merger option for non-FT acute
STRUCTURE: A merger or independent franchise are among the options for a hospital trust which has a private finance deal preventing it from achieving foundation status.
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HSJ Local
Smaller trusts forced to rethink FT plans
STRUCTURE: Several smaller trusts that could not confirm the date on which they will apply for foundation status had previously been confident of achieving it.
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NewsAcute trusts' FT plans slip back a year
More than a quarter of the acute trusts still bidding for foundation status have seen their application date slip by over a year.
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NewsIncrease PFI plan values, managers told
NHS organisations should press for better value for money from existing private finance initiatives and find new ways of funding projects, according to a report by the National Audit Office.
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NewsLeading MPs fail to find anything positive in NHS reforms
The chair of the influential Public Accounts Committee has said the cross-party group of MPs struggled to find anything positive in the government’s NHS reform plan
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NewsExclusive: hospital trust considers private franchise
The Royal National Orthopaedic Hospital has become the third NHS trust to consider becoming privately managed after admitting it cannot achieve foundation status in the short term.
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CommentNoel Plumridge: PFI pipe dream turns sour
Within the EU, the talk is now of a periphery and a core. Peripheral countries that the international bond market no longer loves – Greece, Ireland and now Portugal – have to borrow large sums of money from the core merely to stay afloat.
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News
Exclusive: government admits PFI deals mean 22 trusts will struggle to meet foundation status target
The Department of Health has named 22 hospitals with private finance deals that are “an obstacle to them achieving FT status by April 2014”.
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CommentReconfiguration threatening to derail London service level agreements
No sooner were service level agreements more or less signed off by London acutes and commissioners, than reconfiguration issues reared their head.
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HSJ Local
Commisioners agree to pick up the bill for Portsmouth's PFI
FINANCE: Commissioners in south east Hampshire have agreed to pay the unitary payments of the private finance initiative for any parts of Portsmouth’s Queen Alexandra Hospital estate that can be freed up for alternative uses.
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NewsPFI hospitals 'asset stripping', claims campaign group
Hospitals built under the private finance initiative are closing beds and cutting jobs in a “desperate bid” to balance their books, a campaign group has claimed.
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HSJ Local
St Helens and Knowsley has £4.2m hole in savings plan despite calling in PwC
FINANCE: The trust still does not know where £4.2m of the savings it needs to make next year will come from, despite hiring PricewaterhouseCoopers to “review cost reduction and productivity opportunities for 2011-12”.
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HSJ Local
South Tees Hospitals FT reviews car parking charges
COMMERCIAL: South Tees Hospitals NHS Foundation Trust has reduced the fee for long stay parking but increased the rate for short stays.
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HSJ Local
Hertfordshire PCT's £27m LIFT plan laid before SHA board
COMMERCIAL: The primary care trust’s plans for a £27m hospital development have been put before the NHS East of England board.
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HSJ Local
Portsmouth feeling heat over lack of FT application
STRUCTURE: A south coast trust tied to a £256m private finance initiative is being put under pressure to agree a timetable for achieving foundation status, despite being forced to drop an earlier bid.
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NewsTariff weighting could 'reduce' trust mergers - King's Fund
Paying a higher tariff rate to trusts with larger capital costs could reduce the need for hospital reconfigurations, a report from the King’s Fund has claimed.
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HSJ Local
Future of West Middlesex University Hospital to be discussed in coming weeks
STRUCTURE: The south west London hospital trust said an extraordinary trust board meeting will be held “in private in mid March to determine the way forward” to foundation trust status.
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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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CommentNoel Plumridge: trapped in PFI purgatory
Of the 16 pages of last week’s Managing the Transition letter from Richmond House, the provider side of the NHS occupies a mere three paragraphs. One about the foundation trust “pipeline”, one on separating primary care trusts from their former provider arms and one on encouraging the independent sector.
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News
Compensation danger over LIFT contract transfers
The impending abolition of primary care trusts has made the NHS vulnerable to claims totalling in the “high hundreds of millions” from companies that hold local improvement finance trust contracts.