All Private finance initiatives (PFI) articles – Page 9
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News
Media Watch: Lansley's failure regime process
Last week was a big one for hospital news in the national papers, with a trust finding itself declared “bankrupt” for the first time.
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Comment
Michael White: learn from past errors with PFI
PFI still has a place, but management is key.
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HSJ Local
Peterborough and Stamford plans for a £54m deficit
FINANCE: Peterborough and Stamford Hospitals Foundation Trust expects to make a loss of £54.3m in 2012-13.
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News
Monitor 'could not have prevented' oversized PFI
A report into how a foundation trust came to be burdened with a large private finance initiative agreement has found Monitor was unable to prevent the deal – but said it could have spotted its slide into deficit earlier.
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News
PFI does not explain variations in financial performance, research finds
The presence of expensive private finance initiative hospitals is not statistically linked to persistent financial problems in health economies, preliminary findings of new research suggest.
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News
Decision due on Leicester maternity plans
A £3.5m plan to relieve pressure on maternity services in Leicester is to be put before strategic health authority bosses next month.
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News
UCLH joint venture aims to reduce PFI costs
One of the NHS’s most prestigious foundation trusts is spearheading a joint venture to drive down PFI costs.
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News
Trusts eye capital gains from surplus NHS land sales
NHS organisations plan to place surplus land equivalent to 350 Trafalgar Squares on the market for housing development in the next few years, latest figures from the Department of Health reveal.
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HSJ Local
PFI partner investigated over strike allegations
WORKFORCE: A facilities management firm working at an NHS hospital is being investigated over allegations it brought in agency workers to cover for striking staff members.
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News
Trusts needing bailout support almost double in 2011-12
Thirty-one trusts received bailout payments in 2011-12, information released to HSJ under the Freedom of Information Act reveals.
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News
Health board seeks legal advice over torchlit surgery
A health board is taking legal advice after a surgeon had to finish an operation by torchlight when maintenance workers switched off the power.
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HSJ Local
North Bristol Trust plans private patient unit
North Bristol Trust is seeking a commercial partner to build and run a stand-alone private patient unit next to its new private finance initiative hospital.
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News
£1.1bn Barts merger gets Lansley sign-off
The health secretary has approved the merger of three London hospital trusts to create an organisation with an estimated turnover of £1.1bn.
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Comment
Could an NHS trust be allowed to go bankrupt?
Hospitals in the wrong place at the wrong time are in danger.
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HSJ Local
Amber-red rating for St Helens and Knowsley FT bid
PERFORMANCE: NHS North of England’s latest provider development report rates the trust’s foundation trust bid as amber-red.
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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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News
North 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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News
FT 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.