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Finance

NHS finance news

Bill McCarthy

NHS England plans to lead 'radical' service change

NHS England is planning to continue the health service’s current savings drive after 2015, and to recast it as a programme of “ambitious and radical” service change led by its area teams.

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Mid Staffs placed in special administration

Scandal-hit Mid Staffordshire Foundation Trust has been put into special administration by health sector regulator Monitor, it was announced this afternoon.

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money

Exclusive: NHS England could 'ratchet up' financial pressure on private mental health providers, analysts warn

Private mental health providers could see pressure on their profit margins “ratcheted up” by the centralisation of secure and specialised mental healthcare commissioning in the hands of NHS England, according to a new report by market analysts Laing and Buisson.

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Older woman in hospital bed

Labour highlights hospital capacity fall

Hospitals are “dangerously close to full”, Labour has warned, after it emerged that the number of hospital beds available to patients in England has shrunk by almost 6 per cent since the coalition government took office.

Bexley CCG sets £16.9m QIPP target for 2013-14

FINANCE: Bexley CCG has set a £16.9m QIPP target for 2013-14.

Bicester building date confirmed

STRUCTURE: Oxfordshire CCG has confirmed that building work is to go ahead for the redevelopment of Bicester Community Hospital is to go ahead from June.

Sharon Colclough

Serco targets Cambridge community services contract

Serco is gearing up to bid for the Cambridgeshire Community Services Trust contract and expand its NHS portfolio, the company’s director of community services Sharon Colclough has indicated to HSJ. 

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Accounts and pen

CBI developing 'industry FOI' for private providers

Business leaders are preparing transparency guidelines for private companies running public services

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Go-ahead for Worthing pre-admission facility upgrade

STRUCTURE: The board at Western Sussex Hospitals Trust has approved a business case costing nearly £1.2m to improve surgical pre-admission accommodation at Worthing Hospital.

Norman Lamb

Lamb invites bids from 'integration pioneers'

Health economies have been invited to bid to become integration “pioneers” running large-scale experiments in integrated care, in an initiative launched by health minister Norman Lamb.

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Rotherham

Analysed: Rotherham's IT system and performance struggle

How the troubled implementation of a new IT system exacerbated financial woes at Rotherham and what lies ahead for the trust

Troubled Rotherham FT plans £5m 'corporate' savings

Rotherham Foundation Trust is planning to save £5m from its “corporate overheads” as it battles to deliver £50m cost cuts in the next three years.

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Barts Health Trust aiming for 6.5 per cent CIP savings in 2013-14

FINANCE: Barts Health Trust is aiming for £77.5m in savings during 2013-14

Kingston Hospital plans savings of £10.8m this year

FINANCE: Kingston Hospital Foundation Trust are planning savings of £10.8m this year, HSJ research reveals.

Smiling patient

Exclusive: Capita challenges NHS Choices 'insourcing'

Capita is in talks with the Department for Health over government plans to axe its NHS Choices contract, HSJ has learned.

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Updated: NHS England and Monitor plan major reform of payment by results

Clinical commissioning groups will be encouraged to experiment with different ways of paying for care next year, in what could be the start of the biggest reform of NHS payment systems since the introduction of payment by results.

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Noel Plumridge

Still no change in NHS finance after Francis

The post-Francis world is still worringly ‘business as usual’

Roll of receipts

What makes a clinical audit successful?

Communication, core values and incentives are all key

Water

Could a water health check revitalise your finances?

Major savings can be made with improved water efficiency

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Puzzle

Why hospital mergers succeed or fail

Can mergers solve problems in NHS acute care?

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