All Finance articles – Page 187
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News'Substantial risk' to specialised care budget, NHS England warns
NHS England warns of high risk that specialised services budgets will be signficantly overspent Due to ‘stream’ of new, expensive treatments Managing this could involve slowing the adoption or spreading the costs of new treatments It could also involve managing demand, including through a focus on variation in use ...
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NewsTariff proposals will not include marginal rate for specialised services
Providers would be required to buy high cost devices through a central price list “Sustainability fund” could be linked to performance on Carter review, agency spend and avoidable mortality Up to £500m of local capital-to-revenue transfers expected, on top of those at a national level Some areas indicating a ...
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HSJ PartnersHow a mobile app can help manage appointments
Better technology can improve various all of healthcare
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CommentBeware the cost of digitisation
There is little doubt about the power of digitisation to transform healthcare – the only thing that needs utmost consideration is the cost factor
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Comment
Why adopting the bright ideas of others is the smart way to make those big savings
Sharing examples of success is helpful and is also where we have seen trusts reduce costs and improve value, writes Ben James
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NewsMajor allocations shakeup means real terms cuts for some CCGs
Some CCGs face real terms cuts to their core budgets Stevens says transformation funding will mean all areas see real terms growth Details of ‘sustainability and transformation fund’ announced The NHS England board today agreed policies that mean for the first time some clinical commissioning groups face real ...
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HSJ LocalU-turn on plans for health visiting cuts at London council
Councillors at a local authority in north London have overturned proposals to potentially remove its entire health visiting budget by 2018, following a meeting last week.
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News
NHS England sets aside £1.8bn ‘sustainability and transformation fund’
£1.8bn of NHS England’s 2016-17 funding increase to go to “sustainability and transformation fund” Funding from the pot to be allocated to all “emergency care providers” to help trusts cut deficits Payment dependent on “non-negotiable conditions”, such as agreeing plans to cut deficits and maintaining core standards Fund comprises ...
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HSJ LocalFinance director reveals how trust bucked national decline
Bolton’s financial position has improved since 2012-13, bucking the national trend. Finance director says turnaround was achieved by devolving budget responsibility, rather than ramping up “central control”. Trust avoids external consultants and interims, despite being warning of “gross error”. INTERVIEW: The financial turnaround at Bolton Foundation Trust has ...
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HSJ LocalEssex merger candidate faces £126m income drop
South Essex Partnership University FT could see income fall below £200m within four years, review says Forecast drop would be the result of losing existing contracts up for renewal in coming years The trust is in merger talks but says it will not make a decision until late 2016 ...
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NewsHSJ investigation calls for improved pay to cut agency spending
NHS providers should enhance pay and rewards and offer flexible working hours to staff to tackle their rising spend on agency staff, HSJ’s Workforce Investigation has recommended.
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CommentBreaking free from the short-term, one-way, top-down system
In the future NHS, where different organisations work collaboratively with a sense of shared purpose, how does performance management fit in?
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NewsUpdated: Probe launched into major NHS procurement consortium after audit
Investigation underway into “a number of issues” at UCLPartners Procurement Service The organisation bulk purchases on behalf of five London trusts, including Great Ormond Street and the Royal Free It claims to have “by far the largest non-pay spend of trusts in London” An investigation has been launched ...
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NewsPermanent secretary Una O'Brien to leave DH next year
DH permanent secretary to step down next year Dame Una joined in 2010 Announcement comes amid severe financial strain in the department Dame Una O’Brien, the Department of Health permanent secretary, will step down next year. The news comes at a time of severe financial strain for the ...
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NewsSocial care and public health funding is 'unresolved business'
Test for government on public health will be judged in childhood obesity strategy Social care funding is ’unresolved business’ NHS should expect no additional funding growth until after 2018-19 Two of Simon Stevens’ “five tests” for the spending review have not yet been met, he has told HSJ. ...
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NewsStevens reveals 'radical' rewriting of financial balance rules
Some NHS organisations will be exempt from requirements to meet their own budget target, as long as they do so across their health economy, under “radical” new financial rules for 2016-17.
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CommentWhere does the spending review leave social care?
The short termist ‘hotpotch’ of measures taken by the government does nothing to stem the growing pressures on social care
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NewsDemand for public probe into ‘calamitous’ £800m contract collapse
Unison demands full public investigation into dramatic collapse of flagship contract The union is to press local commissioners for a meeting to discuss £800m older people’s services deal before Christmas Cambridgeshire and Peterborough CCG said it would carry out an internal review Unions have demanded a full public ...
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CommentMove patient and public involvement from the margins to the mainstream
The benefits of improved engagement in healthcare