All Finance articles – Page 341
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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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NewsNegligence 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 KnowledgeReducing 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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NewsTrusts 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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NewsAlan 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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NewsLower 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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CommentClinical 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 KnowledgeOn 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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NewsGP-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.
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NewsBrakes on competition draw private sector complaints
Private sector players have accused the government of “very significantly” putting the brakes on its plans to extend competition from “any qualified provider” to new areas of the NHS.
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HSJ KnowledgeUnited front: why leadership is vital to a successful merger
A shared vision with three critical tests decided on by the various leaders involved is critical to calming the choppy waters of a merger, writes Graham Atkins.
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NewsGovernment to scrap 2014 'drop dead' deadline for foundation trust status
NHS trusts will no longer be required to reach foundation status by a deadline of April 2014, according to the government policy statement issued this morning.
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News
Monitor's role to be softened in bid to quell competition fears
The government has backed proposals to strike Monitor’s duty to “promote competition” from the Health and Social Care Bill, and to give the NHS Commissioning board a mandate to determine how competition applies in the health service.
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HSJ Local
Specialised services spending risk at South West Essex
FINANCE: South West Essex PCT is at risk of not meeting its savings target for “volatile” specialised services spending, it has warned.
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NewsFuture Forum proposes to hand competition powers to Nicholson's commissioning board
The NHS commissioning board should be handed the power to set the rules for competition in the health service, the expert panel set up to examine the government’s health reforms has recommended.
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NewsPrivate sector would refuse to recruit from NHS if forced to pay training costs - Forum
The government has been urged to reconsider proposals that would force the private sector to contribute to NHS training costs amid fears it will result in firms recruiting from overseas.
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NewsCancer patients to be hit by welfare reform
Government plans for welfare reform will plunge cancer patients into poverty simply “because they have not recovered quickly enough”, campaigners say.