All Finance articles – Page 329
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HSJ Local
£700m estates contract links primary and secondary care
FINANCE: A contract worth up to £700m is up for grabs in what is thought to be the first tender to provide estate and facilities management across primary and secondary care.
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NewsSouthern Cross homes transfer to take place this week
More than 250 care homes run by Southern Cross are to be transferred to new companies by this weekend as part of plans to shut down the sector’s biggest operator.
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CommentHow public and private sector partnerships could stimulate efficiency improvements
The slow uptake of technology is restricting much needed improvements in quality and efficiency. Creating partnerships between NHS organisations and private companies could speed things up, reports NHS graduate management trainee Maxine Miles.
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NewsFinancial challenge facing NHS is 'unprecedented' - Farrar
The “unprecedented financial challenge” facing the NHS that may force service cuts and reductions in the numbers of hospital beds, the NHS Confederation chief executive has said.
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HSJ KnowledgeFair for all? What the future holds for pensions in the NHS
With government proposals expected in October this year, Beachcroft LLP partners Neil Bhan and Nicholas Chronias explore the possible effects of long term pension reform in the NHS following Lord Hutton’s report into public sector pensions back in March.
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HSJ Local
NHS Bolton forecasts potential £2.3m savings shortfall
FINANCE: The primary care trust was forecasting a potential £2.3m “under-delivery” of its planned £9.3m cost improvement programme savings for 2011-12, its August finance report shows.
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NewsBusinesses call for Osborne to dip into health budget if economy worsens
An influential business lobby group is calling for the Treasury to consider “dismantling” the ring fence protecting health spending if the economy has not improved “significantly” by the 2012 Budget.
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Comment
What the realities of competition mean for organisations' sustainability
While the theory of competition in healthcare drives up quality, the pragmatics mean commissioners should keep a close eye on whether their services remain sustainable in the long term, warns NHS Tameside and Glossop chief executive Tim Riley.
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News£625m synthetic insulin had 'no clinical benefit'
The NHS has spent hundreds of millions of pounds on synthetic insulin unnecessarily over the past decade, according to a report published today.
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HSJ Local
Costs data submitted by Blackpool Teaching Hospitals ‘incorrect’
FINANCE: The foundation was among the 12 per cent of NHS trusts whose 2009-10 reference cost submissions were materially inaccurate, the Audit Commission reported today.
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NewsSixty hospitals face 'collapse' over PFI deals, admits Lansley
More than 60 hospitals can not afford the rising cost of private finance initiative schemes and are being left “on the brink of financial collapse”, according to the health secretary.
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News
BMA rules out pensions action 'at this point'
Doctors’ leaders have ruled out industrial action “at this point” in the bitter dispute over public sector pensions despite voicing support for the TUC’s day of action in November.
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NewsExclusive: top teaching hospitals under threat from tariff system
The payment by results tariff system could tip England’s elite teaching hospitals into deficit and damage the country’s medical research industry, their chief executives have warned.
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HSJ Local
Super merger plans let down by £116m PFI shortfall
STRUCTURE: A planned merger that would create England’s largest NHS trust would require £116m of support in its first year.
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CommentSally Gainsbury: as if by magic... How the government conjured up a saving
The great news revealed in the recent NHS 2010-11 accounts is that commissioners spent significantly less on administration that year than was previously assumed.
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NewsPoor NHS cost data will delay national pricing, Audit Commission warns
Costing data in the NHS is too poor to establish fixed national prices for new acute and community services, an Audit Commission review has found.
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HSJ Local
Mid Staffs seeks bailout to avert cash crisis
FINANCE: Mid Staffordshire Foundation Trust has sunk so much money into resolving its care quality failures it will run out of cash by December unless it secures a bailout.
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HSJ KnowledgeWhy the amended Health Bill still creates a worrying outlook for the NHS
As the Health and Social Care Bill moves to the Lords, Lucy Reynolds, Martin McKee and Alex Scott-Samuel consider the impact of the Government Response to the NHS Future Forum Report and subsequent amendments agreed by the public bill committee.
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NewsReadmissions policy costing hospital trusts £2.3m a year 'should change'
Hospital trusts are being unfairly penalised by bearing the cost of readmissions which are not their fault, according to the Foundation Trust Network.
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News'Raid' FT finances to protect DH budget, ministers were advised
Top civil servants advised government ministers that they could “raid” foundation trusts’ surpluses to prevent them from blowing the Department of Health’s budget, the Mid Staffordshire Foundation Trust inquiry has learned.