All Finance articles – Page 148
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News
Bonus pot for trusts that hit financial targets confirmed
Bonus payments will come partly from funds allocated to providers that are not able to meet their financial targets Payments would total more than £300m if official forecasts are correct Concerns that the scheme could exacerbate problems for struggling trusts NHS trusts that are able to meet or ...
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HSJ Local
Trust tells staff to stop overspending or risk losing STF money
Dudley Group FT tells staff overspending puts its STF payments at risk Trust has introduced spending controls as the cost of agency staff doubles this year Over spending means purchasing a new electronic patient record system is at risk Staff at a Midlands acute trust have been told ...
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HSJ Local
Emergency department to close as part of £245m savings plan
Staffordshire STP outlines plans to close emergency department Savings of £245m will be made by 2021, including service closures STP aims to reduce A&E admissions by 20 per cent An accident and emergency department will close in Staffordshire along with 100 community hospital beds, according to the Staffordshire ...
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Comment
We must be aware of and fight unconscious bias in healthcare
It comes in many forms and can even affect patient safety, write Narinder Kapur and Peter Jones
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HSJ Local
Trusts set February deadline for merger
Birmingham Children’s Hospital and Birmingham Women’s Hospital foundation trusts will integrate by 1 February 2017, the providers have confirmed.
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HSJ Local
Capital question hangs over landmark hospital closure
Consultation is under way over the future of patients at England’s last standalone learning disability hospital has begun, but capital funding for proposed changes has yet to be approved.
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HSJ Local
Revealed: Huge cost of failed trust merger
Merger between Nottingham University Hospitals Trust and Sherwood Forest Hospitals FT cost £10m Trusts paid more than £6m for consultancy advice and £1m for clinical support Both trusts have been reimbursed for the costs after a control total adjustment was made for Sherwood Forest Hospitals Work to prepare ...
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Expert Briefing
North by North West: Number 10 calling
Essential insight into NHS matters in the North West of England, with a particular focus on the devolution project in Greater Manchester. By Lawrence Dunhill
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Comment
What planet are we on?
Meet Planet Context and Planet Intervention – both are at work in the NHS but must be rebalanced if we are to get to grips with performance
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Expert Briefing
Lintern's Risk Register: Nice one Jim, now let's see results
Everything you need to stay up to date on patient safety and workforce, plus my take on the most important under-the-radar stories. From patient safety correspondent Shaun Lintern
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HSJ Local
NHS manager jailed for £300k fraud scam
Text messages and chat messages prove NHS manager’s guilt Money spent on trips to Butlins and tickets to Chelsea Football Club NHS Protect appeals for help in finding fraudsters An NHS manager responsible for maintaining dialysis equipment at a London trust has been jailed for fraud worth £300,000.
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News
Council funding crisis 'not a reason' to block STPs, warn Stevens and Mackey
The fact NHS budgets cannot be used to solve the social care funding crisis “is not a legitimate reason” for failing to press on with STPs, Simon Stevens and Jim Mackey have warned.
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News
Majority of councils plan to use tax freedom for social care
The majority of eligible councils are set to make use of the council tax social care precept in 2017-18 to raise extra funds for cash-strapped services, early indications suggest.
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News
STPs not doing 'justice' to mental health face intervention
NHS England to offer support to STPs not doing mental health “justice” Claire Murdoch says some STPs have “beautiful” plans for mental health, but others do not After contract negotiations for 2017-19 are completed, her team will begin working with STPs to improve mental health plans Warns contracts must ...
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News
Exclusive: Transformation fund could be raided for social care
Greater Manchester has projected a £176m gap in social care funding by 2021 Senior leaders say additional government spending will be “too late” As part of devolution deal, Greater Manchester Health and Social Care Partnership has £450m transformation fund A dedicated pot of transformation funding could be used ...
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Comment
A four-point plan to save our STPs
The once in a generation opportunity could be thrown away unless we take action now - here’s what we need to do, says Jon Restell
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Comment
Acute lack of investment is starving healthcare estates
Buildings and infrastructure in the healthcare sector are suffering a serious shortage of cash and need new financing models to break the deadlock.
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News
CCGs complain to NHS England 'in strongest terms' over budget cuts
NHS Clinical Commissioners says it has written to the national body “in the strongest terms” over the potential impact of the tariff on CCG finances As a result of the new payment system, CCGs’ allocations will reduce by a combined £156m in 2017-18 and £158m in 2018-19, in comparison ...
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News
NHS Improvement tells trusts not to hide financial risks
Concerns were revealed in a question and answer document issued by NHS Improvement yesterday Trust leaders said regional officials had pressured them “to not reveal” its deteriorating position NHSI has urged leaders to report problems to its senior leadership team Trust leaders have expressed concern over being pressured ...
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Comment
PFI contracts: stick or twist?
‘Buying out’ a PFI contract would be a nuclear option – the better solution would be to simply manage it better