All Private finance initiatives (PFI) articles – Page 5
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NewsExclusive: NHS struggling to maintain fire safety
NHS trusts face significant fire safety risks, research by HSJ has shown.
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NewsMackey reveals next steps to tackle 'ridiculous' PFI deals
NHS Improvement to meet trusts with “early PFI deals”, to discuss plans for the remaining years of the contracts. The regulator has established a working group to explore the possibility of buying out some PFI schemes. Jim Mackey has previously described the profit margins within some contracts as “absolutely ...
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HSJ LocalTrust forced to delay opening of new PFI hospital
A trust in the West Midlands has pushed back the opening of its new hospital by six months following “engineering difficulty”.
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HSJ LocalTrust gets £10m boost from PFI refinancing deal
A large acute trust in Yorkshire improved its financial outturn by £10m last year after a renegotiation of its PFI contract.
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Expert BriefingThe four sites whose sale could earn the NHS £4bn
Essential insight into England’s biggest health economy, by Ben Clover
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NewsPrivate investors and councils key to capital investment, says Mackey
Limited access to capital funding means the NHS will need to design more funding schemes that are “off balance sheet”, potentially enabled by local authorities, Jim Mackey says.
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Expert BriefingLondon Eye: An unlikely story
Essential insight into England’s biggest health economy, by Ben Clover
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NewsRegulator looking at buyouts of 'ridiculous' PFI schemes
Jim Mackey says borrowing levels and profit margins within some PFI schemes are “absolutely ridiculous” Where buyouts are not possible, trusts are urged to manage their contracts more “robustly” Treasury unlikely to support a “blanket buyout” NHS regulators have established a working group that is looking at the ...
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HSJ LocalMerger trust predicts it needs £650m bailout
Peterborough and Stamford Hospitals trying to secure £25m a year support package to help finance PFI deal Trust estimates it needs £650m of central financial support up until 2042 Received £20.8m of central support in 2016-17 but still forecasts a £20.2m deficit FINANCE: Peterborough and Stamford Hospitals Foundation ...
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NewsMCP plan poses 'significant risks to trust’s future', says chief executive
Dudley Group chief executive criticises Dudley CCG’s plans to put MCP contract out to tender Vanguard trust worried about “financial and clinical” future should it lose revenue to new MCP provider PFI commitments could become “unaffordable” unless MCP takes on risk, says trust The chief executive of Dudley ...
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NewsDH signed off £3bn in working capital loans last year
Explore the trust by trust data The Department of Health paid £3.1bn in working capital loans to trusts in 2015-16, HSJ analysis of official data shows.
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Expert BriefingHSJ Catch Up: The trusts that got DH bailouts, and Newcastle's 'outstanding' rating
Your essential update on the week in health
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NewsTreasury proposes part selloff of PFI
Government proposes selloff of two revenue streams relating to private finance deals Sale of Community Health Partnerships’ “subordinated debt” could be worth £60m, HSJ understands Sale of “credit guarantee finance” lending at PFI trusts could also raise money for the Treasury The government is considering selling off the ...
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HSJ LocalConsultants prepare acute reconfiguration plans for troubled FT
EY prepares five year plan for Calderdale and Huddersfield Foundation Trust Plan will enable CCGs to launch a public consultation on service changes Process has twice been delayed but consultation expected in early 2016 STRUCTURE: A troubled Yorkshire trust has brought in consultants to draw up a reconfiguration ...
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HSJ LocalKingston Hospital to test market on part of PFI deal
Kingston Hospital Foundation Trust is likely to put its cleaning, catering and porter services out to tender.
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NewsTrusts seek more cash support and buyouts for PFIs
Several hospital trusts have told HSJ they are seeking additional support to cover the costs of their private finance initiative deals or intend to buy out the schemes.
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NewsHeidi Alexander appointed Labour shadow health secretary
Heidi Alexander has been appointed shadow health secretary by the new Labour leader Jeremy Corbyn.
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NewsNHS England launches £5m drive to improve staff health
NHS England will work with Public Health England to raise the standard of food served in hospitals and other care settings as part of a £5m initiative to boost the health and wellbeing of health service staff.
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CommentOnly together can we beat cancer
Public-private collaboration is vital to win the war on cancer