All Finance and efficiency articles – Page 12
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NewsExclusive: ICSs set for combined £1bn+ deficit
NHS England has told local leaders that integrated care systems and their member trusts are currently on course for a combined deficit of more than £1bn this year, HSJ has learned.
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NewsLiquidators for failed PFI provider launch court case against trust
One of England’s largest mental health trusts is embroiled in a multi-million-pound legal battle with its former private finance initiative provider.
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Expert BriefingWest Country Chronicle: New ICS chief targets ‘immoral’ costs
From Cornwall to the Cotswolds, West Country Chronicle offers essential insight into NHS matters in the South West. Contact me in confidence here.
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NewsChief of under-fire agency: Progress ‘will never be at the speed I want’
NHS Supply Chain’s chief executive has defended his agency against recent criticism as it launches the procurement of a new digital commercial platform that should be a step-change in its interactions with trust procurement teams.
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NewsNHSE exploring state-owned provider to replace diagnostic outsourcing
NHS England is assessing the viability of establishing an NHS-owned consortium to bring some of the diagnostic work currently being done for profit in the private sector back into the health service.
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NewsTransfer of multi-billion pound fund to ICSs delayed until 2024
NHS England is set to delay delegating commissioning budgets worth billions of pounds to integrated care systems until 2024 amid concerns about financial risk and destabilising services, HSJ understands.
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CommentHunt has averted a crisis - but for how long?
An additional £3.3bn per year for NHS England in both 2023-24 and 2024-25 was a better outcome than most people probably expected. But how far will this additional funding go toward meeting the challenges that services face? writes, Anita Charlesworth
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HSJ LocalStaffing bill to be cut by a fifth at ICS
A financially troubled integrated care board has told staff it has to cut the pay bill by 20 per cent, HSJ has learned.
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CommentHunt's message to the NHS: we're all in it together
Richard Sloggett draws similarities between George Osborne’s 2010 economic strategy and chancellor Jeremy Hunt’s message and approach to bind the government and the NHS closer together
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NewsProcurement heads criticise ‘failing’ NHS Supply Chain
Performance failings at NHS Supply Chain are impacting patient care, staff wellbeing and retention, and local procurement teams are struggling to mitigate their impact, local procurement chiefs have claimed.
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CommentNHS charities can help meet the service's staffing crisis
While the charity sector does not address day-to-day funding needs, the role it plays in supporting the NHS workforce is crucial, writes Ellie Orton.
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NewsSupply chain exec quits after U-turn on major reforms
The national director in charge of implementing NHS Supply Chain’s new operating model has announced his departure less than a week after it was revealed the procurement agency is dramatically changing its plans for the reforms.
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NewsFamilies blame ‘chaotic, splenetic mess of a government’ for compensation hold-up
Families whose loved ones’ bodies were sexually abused in a hospital mortuary have yet to receive any compensation, because the Department of Health and Social Care has not signed off a proposed framework.
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NewsReturn to PbR would be ‘retrograde step’, warns NHS Providers
Moving trusts back onto a traditional payment by results financial framework would ‘feel like a retrograde step’ and cut across the new integrated care system agenda, the NHS Providers’ interim chief has warned.
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CommentInvestors must play their part in building healthier societies
Jo Bibby on the launch of a new global alliance of investors, the role finance plays in improving people’s quality of life and how investing can build healthier societies
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Expert BriefingWest Country Chronicle: Inside Cornwall’s care capacity row
From Cornwall to the Cotswolds, West Country Chronicle offers essential insight into NHS matters in the South West. Contact me in confidence here.
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NewsFive trusts outsource their back office in £20m deal
Five trusts within an integrated care system have outsourced their back office functions to NHS Shared Business Services.
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NewsNew rules will discourage trusts from consuming more than their ‘fair share of NHS resources’
NHS England has launched the first substantive consultation on changes to the NHS provider licence since 2013.
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News‘People breaking’ as procurement now harder than covid peak
NHS procurement is “arguably in a worse state” than during the covid pandemic, as teams grapple with rationing of thousands of products, ballooning inflation, staff burnout and demands for further cost savings.
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HSJ LocalTrust hires turnaround director at ICB’s suggestion
A financial turnaround director has been drafted into a trust where the chief executive resigned after a funding row with its integrated care board.