All Finance articles – Page 147
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NewsDH procurement drive shunned by leading firms
NHS Shared Business Services and HealthTrust Europe believed not to be bidding for new procurement ‘category towers’ Deadline closed for first six of ten towers last month Combined value of towers contracts estimated at around £150m Two of the largest procurement organisations serving the NHS are not bidding ...
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NewsExclusive: New national savings drive will 'challenge the values' of NHS leaders
Closing wards and services, blocking choice of private providers, systematically extending waiting times, and stopping some treatments are all being considered under a national programme targeted at the health economies with the highest overspends.
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HSJ LocalCCG chief to lead STP
Former chief executive of NHS 24 to lead Lincolnshire STP John Turner accepted responsibility as IT costs soared 73 per cent above business case figure STP aims to achieve a “seismic shift” with £205m service reconfiguration South Lincolnshire CCG chief officer John Turner has been appointed senior ...
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NewsCyberattack risk increased by IT budget cuts, report warns
London North West report says pressure to make ICT saving and deploy new technology increasing risk of cyber attack Report suggests wider impact of cyber attack. Two reports earlier this year warned the trust its PC security update management was “weak”. Pressure on NHS IT budgets is increasing ...
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NewsMapped: STPs getting most and least from £1.8bn national fund
Analysis by HSJ reveals which health regions gained the most from the first year of the £1.8bn “sustainability and transformation fund”.
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NewsTrusts left 'drowning in debt' by Treasury-driven scheme
The way that sustainability funding has been distributed risks creating huge imbalances where some NHS trusts become “cash rich” and others are “drowning in debt”, experts have warned.
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News
Following the Money: Winners and losers from £1.8bn national fund
HSJ’s expert briefing on NHS finances, savings and efforts to get the health service back in the black.
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CommentAll money is not created equal
The NHS needs more money, but not all money is created equally. The current context may offer opportunities for innovation in funding the health and care service
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HSJ LocalTrust warns CCG over 'incredibly damaging' rationing proposals
Foundation trust claims CCG plan to ration hearing aids would breach legal duties CCG says ‘difficult approach’ is proposed to help save £9.7m Bariatric surgery would also be restricted if plans go ahead A foundation trust is warning commissioners they risk breaching their legal duties by rationing ...
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NewsMackey reveals next steps to tackle 'ridiculous' PFI deals
NHS Improvement to meet trusts with “early PFI deals”, to discuss plans for the remaining years of the contracts. The regulator has established a working group to explore the possibility of buying out some PFI schemes. Jim Mackey has previously described the profit margins within some contracts as “absolutely ...
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NewsThe best and worst performing trusts on patient experience
Of the five NHS trusts underperforming for overall patient experience, two are in CQC special measures Five trusts are outliers for poor experience of community support after hospital discharge Five NHS trusts have been identified by the Care Quality Commission as having significantly poor overall patient experience scores.
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NewsSecond court defeat for NHS England
NHS England faces judicial review over decision not to fund drug for 7-year-old boy Lawyers will argue NHSE should have considered the boy’s welfare under the Children Act Victory could create a new duty on NHS England when making commissioning decisions affecting children Lawyers have been granted permission ...
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NewsNew CQC inspection model depends on £9m IT upgrade
CQC said that if the IT project fails ”we won’t be able to deliver our programme on a reduced budget” “Relatively high” risk levels surround the project due to “fundamental gaps” in current skills and technology and potential to delay roll out of inspection dashboards Work to first begin ...
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HSJ LocalHospital in dispute with city council over £1m delayed transfer fines
Birmingham City Council is in dispute with a hospital trust over unpaid fines for delayed transfers of care totalling £1.1m.
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HSJ LocalTrust gets £10m boost from PFI refinancing deal
A large acute trust in Yorkshire improved its financial outturn by £10m last year after a renegotiation of its PFI contract.
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HSJ Local'Outstanding' finance director joins teaching trust
A finance director who turned around the fortunes of a struggling foundation trust is to join a teaching trust with a turnover of more than £1bn.
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HSJ LocalCCG and council tender £620m alliance contract
Alliance contract worth between £620m and £650m for up to 10 years Contract jointly tendered by Lambeth council and CCG Contract value could drop by up to 15 per cent over 10 years as services become more efficient South London commissioners have tendered a new alliance contract for ...
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CommentNew care models need the right organisational delivery model
New organisational forms, planned and developed locally, will help to make integrated care the norm
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NewsTheresa May pledges £10bn capital funding for NHS
Conservative leader backs Naylor review Theresa May publicly commits to £10bn capital investment Funding to come from asset disposals, private sources and new Treasury funding The Prime Minister has promised an extra £10bn of capital investment during the next Parliament if she wins the general election.
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NewsNHS spending as proportion of GDP 'would fall under Tories and Labour'
The Conservatives’ manifesto suggests the NHS will receive some additional revenue funding in 2018-19, but that spending over the next five years would be broadly in line with previous commitments.