All Finance articles – Page 339
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News
Exclusive: NHS efficiency drive won’t close whole hospitals, says Sir David
No “whole hospital” will have to close as a result of the drive to find £20bn of efficiencies from the NHS budget, NHS chief executive Sir David Nicholson has insisted to HSJ.
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News
Royal colleges to be enlisted to identify procedures at risk of 'cherry picking'
The Department of Health command paper on choice, competition and a failure regime for trusts sets out some specifics but leaves many questions unanswered.
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News
Trusts to be held to account for training funds
Providers will be held much more heavily to account for their investment in training, the government has announced.
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News
Government stands by pension change
The government is on course for an autumn showdown with the trade unions after Treasury chief secretary Danny Alexander insisted ministers would not back down over plans to reform public sector pensions.
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News
King's Fund calls for hospital mergers
Twenty hospitals need to be merged or taken over to improve the quality of care for patients, the head of the King’s Fund has said.
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News
DH redrawing failure regime to avoid up-front political battles
The government is drawing up a revised failure regime to avoid the advance labelling of which hospital and care services could hypothetically go bust and be closed down.
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News
Circle floats on stock market
The independent healthcare company set to run Hinchingbrooke Health Care Trust as the first UK hospital franchise was floated last week on AIM, a part of the London Stock Exchange.
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HSJ Local
Spending on private providers blows NHS Oldham’s acute budget by £5m
FINANCE: The primary care trust’s acute care budget was blown by £5.5m in 2010-11, due mainly to overspending on private providers.
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News
NHS changes could spell new comms burdens
Government plans for a nationwide shared-service communications model for NHS primary care risks wiping out local expertise and increasing burdens on councils, the Department of Health has been warned.
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News
Negligence payouts soared to £1bn in 2010-11
Clinical negligence claims have cost the NHS £2.6bn over the past three years, with payout costs almost doubling in the past year, latest figures have shown.
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HSJ Local
Chesterfield Royal sets aside £40,000 for consultants to tell FT 'story'
COMMERCIAL: Chesterfield Royal Foundation Trust is spending up to £40,000 on consultants to help revise its strategies.
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HSJ Local
Lincolnshire Partnership FT finds £1.3m gap in efficiency plan
FINANCE: Lincolnshire Partnership Foundation Trust’s efficiency plan for 2011-12 has a gap of £1.3m.
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HSJ Knowledge
Reducing readmissions could save more than £600m in PBR penalties. Sg2 explains how
Changes to the Payment by Results policy in April 2011 are intended to incentivise trusts to reduce emergency readmissions - or face damaging financial penalties. Analysis by healthcare intelligence specialists Sg2 shows how preventing readmissions could save the health service more than half a billion pounds.
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HSJ Knowledge
Video: Sg2 senior vice president on the financial challenges trusts face over readmission penalties
Sg2 senior vice president Joan Moss talks about the major financial impact trusts in the UK face through readmission penalties, under changes to the Payment by Results policy.
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News
Trusts face readmissions penalties totalling £600m
Trusts stand to lose an average of 3 per cent of tariff income as a result of penalties for emergency readmissions, analysis gathered exclusively for HSJ reveals.
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News
Alan Milburn hits out at NHS reform 'car crash'
Former health secretary Alan Milburn has branded the coalition’s watered down NHS reforms the “biggest car crash” in the service’s history.
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News
Lower qualified pathology workforce ‘could make 25 per cent savings’
The government’s pathology tsar has said the discipline could save 15-25 per cent of its costs by reducing the proportion of highly qualified staff it uses to perform junior tasks.
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Comment
Clinical services should do their bit for efficiency, as well as productivity
Although lower than other public sector departments, the NHS still has massive efficiency savings targets to meet. A good start would be to address value for money in clinical procedures, write Christopher Peters and Stephen Chadwick.
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HSJ Knowledge
On dodgy ground: much needed NHS estate works are being held up by the Health Bill's progress
The paused Health Bill has held up much needed improvement to facilities around the country, and while the plans intend to help patients more effectively in the long term, the welfare of communities is suffering now, argues Assura Group managing director for property Andrew Darke.
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News
GP-private healthcare link raises conflict of interest concerns
The government’s reforms have raised fears about the risk of financial conflicts of interest after a survey suggested that large numbers of the doctors on new commissioning boards will have links with private healthcare companies.