Finance and Efficiency – Page 83
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HSJ LocalTrust forced to pay £300k VAT over Virgin Care contract
A trust in Staffordshire has been forced to pay hundreds of thousands of pounds in VAT charges due to a controversial “prime provider” contract commissioned by its CCG.
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HSJ LocalACS commissioners tender £205m contract
Commissioners in one of NHS England’s eight accountable care systems have tendered multimillion pound contract for its community services.
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NewsWatchdog flags concerns about private health firms' merger
The competition watchdog has raised concerns about the merger of two private mental health providers.
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NewsExclusive: Trusts face cash flow crisis as CCGs stop advance payments
Trusts are facing increasing cash flow pressures after NHS England instructed local commissioners to stop making advance payments on block contracts, HSJ can reveal.
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HSJ LocalNew hospital put on hold by financially struggling CCG
A clinical commissioning group that slipped from outstanding to requires improvement last month has put plans for a new £16m mental health hospital on hold.
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NewsRegulator shifts costs of 'hugely successful' efficiency tool to trusts
NHS trusts will be asked to partly fund a price comparison tool that helps deliver savings in procurement, HSJ has learned.
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HSJ LocalExclusive: Trust to sell land to quango
A trust in the West Midlands has signed a deal to transfer its surplus land to the Homes and Communities Agency.
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HSJ Local'Serious implications' as CCG ordered to pay full tariff rate to private provider
A CCG must pay an unexpected bill likely to run to millions of pounds, after a legal judgement that it had been wrongly undercutting tariff rates to an independent provider for three years.
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CommentCowper’s Cut: On winning and losing the economic narrative
Andy Cowper draws a parallel between the decade long global financial crisis and the NHS’s own struggles
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NewsMultibillion NHS land sales plan to be approved next month
Major property deals between the NHS and private firms to unlock capital funds worth £5.7bn “at speed” could be signed off within weeks after being hit by delays.
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NewsExclusive: Naylor 'delighted' at £3.3bn private investment offer
Sir Robert Naylor has said he is “delighted” at an offer from three private property firms to invest more than £3.3bn in new NHS primary care facilities.
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CommentThe importance of keeping the faith in a turbulent summer
Sean Duggan, chief executive of the Mental Health Network, reflects on a tough few weeks of headlines for mental health
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News
NHS England 'no option' but to hold back £120m from CCGs
“Urgent steps” have been taken to hold back funding intended for clinical commissioning groups, to help the Department of Health deliver financial balance this year.
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NewsRevealed: Major expansion of 'model hospital' to STPs and CCGs
The “model hospital” system for measuring trusts’ productivity and efficiency is to be expanded over the next two years to CCGs, STPs and ACOs, HSJ can reveal.
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NewsPrimary care underspend helps counter trust deficits
NHS England and local commissioners underspent on their primary care budgets by almost £200m in 2016-17, which helped offset the £791m deficit in the provider sector, new figures reveal.
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HSJ LocalCCG and council to create £105m joint executive board
A clinical commissioning group and local authority will set up a joint board with executive powers in a bid further integrate health and social care commissioning.
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News
CQC ratings will include financial efficiency from 2018
Acute trusts’ overall Care Quality Commission ratings are due to take into account their financial efficiency from next year, despite concerns, NHS Improvement has said.
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HSJ LocalTrusts to team up with private company to unlock capital
Two NHS trusts in the North West are planning to form a strategic estates partnership with a private company to unlock new sources of capital funding.
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NewsExclusive: Vanguards target 3 per cent cut in emergency admissions
National vanguards believe they can reduce emergency admissions by almost 3 per cent over the next four years, an HSJ analysis has shown.
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News'Massive' pool of untapped cash for NHS from property developers
Trusts could use housing developments to tap into tens of millions of pounds in new income, after a West Midlands trust set a new legal precedent.