All Finance articles – Page 215
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HSJ LocalTrust with 'sound financial record' forecasts £22m deficit
FINANCE: East Lancashire Hospitals Trust has forecast a deficit of more than £22m for this year.
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NewsHunt to intervene on agency spending
Health secretary Jeremy Hunt will today unveil plans to cap agency and management consultancy spending by NHS trusts.
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NewsExclusive: Vacancies fuel agency overspending by NHS trusts
Two-thirds of the spending on locum doctors employed in NHS trusts is being driven by the need to fill vacancies, analysis shared exclusively with HSJ reveals.
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CommentHigh temp costs: A competition issue or held back NHS wages?
Competition issue or NHS wages being held down?
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HSJ PartnersOffer more support to deputy and first time finance directors
There are fewer candidates available
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NewsSimon Stevens confirms 'collective' NHS action on agency spend
NHS England chief executive Simon Stevens has said the NHS will take collective action to tackle the high cost of agency spending in the NHS.
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NewsMonitor sets out plan to enlist 'superbuddies'
Monitor plans to set up a framework agreement to allow high performing trusts to put themselves forward as potential “superbuddies” for failing counterparts, the regulator’s chief executive has revealed.
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NewsRevealed: £690m Staffordshire contract bidders discuss private led consortium
Negotiations are taking place to establish a private provider led consortium to take on a 10 year, £687m contract to integrate cancer services in Staffordshire.
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HSJ LocalNorth West trust seeks £30m from DH for IT and air con
FINANCE: Bolton Foundation Trust is seeking £30m of capital funding from the Department of Health towards its IT and estates strategies.
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NewsGovernment considers cap on 'egregious' agency spend
A cap on the cost of agency staff supplied to NHS trusts is being explored by the Cabinet Office and Department of Health in an attempt to tackle the ballooning agency spend in the NHS, it has emerged.
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NewsBennett moots rethink on performance targets
David Bennett has called for the NHS to investigate the possibility of redefining key access targets to reduce the financial burden they place on providers – where it can be done without compromising safety.
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NewsExclusive: Monitor ramps up challenge to FTs over spending
Foundation trusts in breach of their licence will face tighter regulatory controls on their agency and management consultancy spending, as part of an interventionist drive by Monitor to bear down on escalating provider deficits.
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LeaderModernisers must cut the deficit to keep their side of the deal
The ‘excuses’ for not delivering the forward view have been swept away
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HSJ LocalTrust to axe 400 jobs in £14m savings bid
WORKFORCE: More than 250 posts have been axed during the last 12 months at a West Midlands foundation trust in a bid to save £7.5m.
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HSJ Local‘Financially distressed’ CCG brings in new service restrictions
FINANCE: A clinical commissioning group will introduce clinical thresholds for surgery and significantly restrict access to services to cope with its ‘financially distressed position’.
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NewsUpdated: Rollover tariff trusts expect massive deficits
Several large hospital trusts that rejected the voluntary tariff agreement have predicted huge swings in their financial position for 2015-16.
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HSJ Knowledge
Seven day services: Gathering the data to make it happen
Ten acute trusts in the East Midlands joined forces to tackle the challenge
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NewsPathology joint venture records growth but restructuring hits profits
A public-private pathology provider part owned by two London trusts increased its revenues last year, but a substantial restructure prompted by changes to tax rules resulted in a small drop in profits.
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NewsUpdated: NHS provider sector reports £822m deficit
NHS providers have reported a deficit of £822m for 2014-15, with foundation trusts ending the year in the red for first time ever. HSJ analysis suggests that without bailouts the net deficit was closer to £1bn.
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NewsRevealed: Mental health pledge to be funded from existing budgets
A pledge by the home secretary to invest £15m in new health based places of safety to detain people experiencing mental health crisis will be funded from existing budgets, HSJ can reveal.