All Finance articles – Page 275
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LeaderSustainable pensions are undermined by Treasury plans
The Treasury’s plans for NHS pensions would, in effect, cut the service’s budget. The government should explain why it is prepared to risk the place of NHS pensions “at the heart of the reward package for staff”
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NewsUPDATED: Deal reached on consultant contract talks
An agreement has been reached between NHS Employers and the British Medical Association on terms to renegotiate the consultant contract.
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CommentMoney doesn't equal power to patients
Provider compensation for missing waiting targets will not ‘empower’ patients
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NewsExclusive: Treasury raid on pensions could drain billions from NHS
Treasury plans to recalculate the value of public sector pensions and introduce a single tier pension could leave the health service facing an annual bill of £2.5bn, HSJ can reveal.
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NewsPush for payment by results reform gathers pace
NHS England wants to investigate the scope for scrapping payment by results for some services as early as 2015-16, its director of strategic finance has told HSJ.
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NewsNHS Direct confirms 111 withdrawal
NHS Direct has confirmed it is seeking to pull out of all 11 of its contracts to provide NHS 111 as they have proved “financially unsustainable”.
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NewsNHS could learn from PC World: Keogh
The NHS should act more like high street retailers in supplying state-of-the-art products to customers for less money, according to the country’s top doctor.
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CommentFour nations means one huge wasted opportunity
What happens with four countries in a ‘national’ health service?
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NewsDrug firms accused over NHS charges
Drug companies could face investigation following allegations that they are inflating the cost of drugs sold to the NHS.
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HSJ Local
Plymouth Hospitals calls in consultants amid financial woe
FINANCE: KPMG has been drafted in by managers at Plymouth Hospitals Trust to help draw up a three-year plan to tackle a multi-million pound deficit.
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News
Property transfer could expose NHS to hefty tax bill
The Department of Health’s decision to transfer a £3.6bn portfolio of NHS properties to a private company may have exposed the health service to a hefty VAT bill, HSJ has learned.
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HSJ Local
Central Manchester FT records £7.3m surplus
FINANCE: Central Manchester University Hospitals recorded a surplus before exceptional items of £7.3m for 2012-13, according to its May finance report.
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NewsNHS England 'cannot take control of trust investment plans'
Monitor believes NHS England would be overstepping its legal powers if it sought to take control of trusts’ investment spending, HSJ understands.
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NewsTrusts seek thousands of frontline staff in 'short-term fix'
Foundation trusts aim to spend £500m recruiting 10,000 additional frontline clinical staff this year as a short term fix before cutting the workforce by almost 30,000 in the following two years, their latest plans show.
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CommentWill the government be 'transparent' on CCG admin cuts?
NHS England is surprisingly upbeat about its financial situation
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NewsMonitor mulls cuts as DH turns down its budget bid
The Department of Health has refused to agree Monitor’s proposed budget for this year, setting an allocation nearly £6m lower than the healthcare regulator believes it needs.
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NewsSome commissioners setting 'unachievable' targets, NHS England admits
NHS England is floating the possibility of scrapping the complex array of financial penalties and incentives currently imposed on NHS providers and replacing them, from 2015-16, with a single pay-for-performance premium.
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CommentMedical pay: reaping your just rewards?
Are financial awards for consultants a price worth paying?
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News£3.8bn integration fund may not be held by councils
A £3.8bn fund for health and social care integration may not be handed straight to local authorities as previously assumed, the finance director of NHS England has said.
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NewsAnalysed: The future of the NHS consultant contract
What does the NHS consultant contract say and how does it need to change for the future?