Private Finance Initiatives
EXCLUSIVE: Aviva in talks with DH over LIFT fears
One of the biggest private sector lenders to NHS infrastructure projects is in discussions with the Department of Health over fears its investments are threatened by the abolition of primary care trusts, HSJ has learned.
Bennett moots PFI buyout for Peterborough
The chief executive of health sector regulator Monitor has said he wants to examine the possibility of a public sector buyout of the huge private finance initiative contract encumbering Peterborough and Stamford Hospitals Foundation Trust.
Next generation of PFI announced by Osborne
“Soft facilities management” services like cleaning and catering will be excluded from future NHS private finance projects, new government guidance reveals.
West Midlands trust set to benefit from new-style PFI
Sandwell and West Birmingham Hospitals Trust is among the first NHS bodies to use the revamped private finance initiative which will be launched tomorrow.
‘Urgent action’ needed in Peterborough, says NAO
Urgent action must be taken by regulators, ministers and local managers if Peterborough and Stamford Hospitals Foundation Trust is to avoid going bust, according to the National Audit Office (NAO).
Analysed: The London FT pipeline and its hotspots
HSJ Local Briefing is our in-depth analysis of key issues facing the NHS or major health economies. This week we examine the foundation trust pipeline before the capital’s strategic health authority disappears next year
Monitor has 'concerns' over pension plan
Monitor has revealed it has “significant concerns over the affordability” of a plan to build a new hospital with a ground-breaking loan from a pension fund.
Borrowing limit challenge for Worcestershire acute trust
Worcestershire Acute Hospitals Trust may need an increase in its borrowing limit to cover the costs of a major service reconfiguration, HSJ has learned.
Exclusive: South London Healthcare Trust's suitors revealed
Details have emerged of the plans of many of the 39 bodies that have written to South London Healthcare Trust’s special administrator to express an interest in running trust services.
Go-ahead imminent for £425m PFI rebuild
NHS North of England this week said it hoped to see final government approvals secured by the end of this month for a £425m rebuild of the Royal Liverpool Hospital, funded largely through the private finance initiative.
Regulator grants conditional approval for ground-breaking PFI buyout
An NHS foundation trust has been given conditional approval for a “novel and contentious” plan to buy out its private finance initiative contracts with a £120m loan from a local authority.
Pension funds to bankroll £298m hospital in finance first
Two pension funds have offered to finance a foundation trust’s new hospital in what could emerge as an alternative to conventional sources of private capital.
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.
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.
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.
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.
More on PFI
Too big to fail: why PFI will get a helping hand in an emergency
PFI creditors are likely to be protected when NHS trusts fail
There is too much hot air on climate change
The health service is failing in its responsibility to be a trailblazer for sustainability says Sunand Prasad
How to make it to merger
Trusts can boost their chances of success when merger proposals are considered
Could an NHS trust be allowed to go bankrupt?
Hospitals in the wrong place at the wrong time are in danger.
