All Finance articles – Page 339
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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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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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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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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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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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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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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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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.
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News
Social care funding set to divide coalition ministers
Senior Liberal Democrats are preparing to clash with the Treasury and their Conservative partners over increased funding for long term care.
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NewsNew talks in public sector pension row
Fresh talks will be held today in an attempt to avert a wave of strikes by public sector workers in the continuing row over pensions.
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HSJ Local
NHS Blackburn with Darwen ‘banks’ 90 per cent of 2011-12 QIPP savings in four months
FINANCE: The primary care trust had achieved 90 per cent of its planned £6.3m quality, innovation, productivity and prevention (QIPP) savings just four months into the financial year, board papers state.
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CommentCan US models of care delivery inform how CCGs should work?
Thomas Cawston’s latest blog from the Fundació Josep Laporte European Health Policy Innovation Seminar in Harvard, MA, looks at two initiatives hoping to transform how healthcare is delivered in the US - which could have key lessons for CCGs in the NHS.
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NewsSocial enterprise loses out in £450m community services contract
A nurse and therapist-run social enterprise praised by the Cabinet Office for cutting costs has lost out to a private provider for a £450m contract.