Finance
NHS finance news
Private providers attack Monitor failure regime
Private mental health firms are lobbying for deep changes to Monitor’s proposed failure regime, claiming rules putting “patients ahead of creditors” will prevent them from borrowing.
Reform cuts costing 6,000 nursing posts, Labour warns
Money earmarked for the costs of reorganising the NHS could pay to prevent the loss of 6,000 nursing jobs, Labour claims.
Translation services costing NHS £60,000 a day
The NHS spend on translation and interpretation services is £60,000 a day, according to a report.
Revealed: all but six of London's non-FT hospital trusts unviable by 2014-15
Only six of London’s 18 non-foundation hospital trusts will be viable in their current form in 2014-15, HSJ can reveal.
CQUIN and CQC quality results don't match, report finds
The results of a financial incentive scheme to improve quality do not match up with other quality measures in hospital care, a study has found.
Government estimates central bail-out of seven trusts will cost £1.5bn
The government has estimated that bailing out hospital trusts with large PFI repayments could cost £1.5bn.
Healthcare trust facing deficit considers 'wholesale' outsourcing
The trust predicting the largest deficit in the country is considering a “wholesale approach to outsourcing corporate functions”, HSJ has discovered.
'Hinchingbrooke model' still an option for struggling trust
A financially challenged hospital is considering partnering with the private sector, despite government claims that no NHS trusts planned to follow the “Hinchingbrooke model”.
Confed warns Monitor off credit ratings plan
Most NHS providers are “extremely unlikely” to be able to obtain a credit rating, and the proposal is likely to be unacceptably costly to the health service, the NHS Confederation has warned.
Fears over 'destabilising' C difficile fines to be investigated
The possibility that fines for C difficile infections will have a “destabilising” effect on some hospitals next year is to be investigated by the Healthcare Financial Management Association.
South Devon £2m above surplus target
FINANCE: South Devon Healthcare Foundation Trust had a surplus at the end of November of £3.1m for the year to date, £2m more than planned.
Bournemouth and Christchurch exceeds planned surplus
FINANCE: The Royal Bournemouth and Christchurch Hospitals Foundation Trust had a year to date surplus of £5.3m against a plan of £2.2m at the end of November, board members heard.
Bristol revises up surplus prediction
FINANCE: University Hospitals Bristol Foundation Trust has revised its likely year end surplus up by £1m to £7m.
Rheumatic diseases specialist forecasts deficit
FINANCE: Lower than expected income from PCTs has led to the Royal National Hospital for Rheumatic Diseases Foundation Trust forecasting a deficit of £909,000 for the financial year, rather than the planned surplus of £124,000.
LIFT companies seek NHS Property Services links
Companies set up under a public-private partnership scheme are positioning themselves to become key partners to NHS Property Services, the firm formed to manage health service assets.
Hinchingbrooke plans set out by new owners
The private provider at the first NHS hospital to be taken over by a private sector firm have set out their vision to turn around its fortunes.
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Sussex Partnership opens new secure unit
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Fixed NHS prices could become 'increasingly problematic' commission warns
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Exclusive: St George's drops out of St Helier merger bid
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NHS Oldham falls behind on ‘stretch’ savings target
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Warning as social care funding falls £0.5bn
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Chief executive of hospital trust with huge deficit resigns
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Exclusive: private acute providers warned over slowing NHS-funded work
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Private patient income continues to fall
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Fire service to discuss sharing ambulance stations
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Health secretary formally announces NHS property company
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Monitor could advise commissioners on reconfiguration to combat financial difficulties
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Health committee: NHS could miss savings target from 'salami slicing'
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Doubts cast over size of topline public health budgets
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Lansley defends reforms from 'unfair and out-of-date' report
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Sharp rise in NHS Bolton overspend on hospital services
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London clusters may have to cover Olympic programme shorfall
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Government announces £5.2bn public health spend
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Two more hospital trusts placed in significant breach by Monitor
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CCG budget allocations delayed until February
News by sector
Noel Plumridge: tariff reductions aren't the one-size-fits-all solution
Timely as they are, the Commons health committee’s warnings about the NHS’s approach to saving £20bn are nothing new.
How a 'bottom-up' approach to innovation is making service improvements easier
Adopting a bottom-up approach to driving clinical improvements in a traditionally top-down health service is making a significant difference to the collaborative projects being run in north west London by the National Institute for Health Research, writes Ganesh Sathyamoorthy.
Could Hinchingbrooke set a benchmark for health organisation ownership?
Circle’s takeover of Hinchingbrooke hospital has opened a debate on hospital ownership and management, which could, Kevin Jacquiss says, inspire the government to look at new ideas to secure a sustainable future for health service organisations.
Why taking a national approach could kick-start technology adoption in the NHS
High costs, complex planning and ‘pilot-itis’ are all common hurdles to technology adoption. Sally Chisholm argues a coordinated national approach could help overcome them.
How proper procurement can lead to multi-million pound efficiency savings
The NHS needs to re-evaluate its procurement policy if it is to chip away at the £20bn efficiency challenge, says Shaun Howlett.
