All Finance articles – Page 348
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CommentSally Gainsbury: scary care cuts
I’ve had reason to delve around local government “savings” plans recently, and compared with QIPP they make for scary reading.
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NewsFoundation trust advised to 'run down' hospital
Lawyers advised a cash-strapped foundation trust wanting to close a community hospital that it could bypass public consultation by “running down” the service on “efficiency” grounds.
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NewsPressure on local authority funds raising risk of legal action
The financial pressures facing local authorities are increasing legal disputes with the NHS, say healthcare lawyers.
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Comment'By 2030, when many need it most, healthcare will be in meltdown'
The long-term effect on healthcare will be catastrophic if we do not change things now, writes Association of the British Pharmaceutical Industry director general Richard Barker.
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HSJ Local
Lancashire Care FT aims to make 5 per cent savings in 2011-12
FINANCE: The foundation will aim to make efficiency savings of 5 per cent of its income base in 2011-12, a document outlining its priorities for the year states.
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HSJ Local
NHS Bedfordshire asks for transformation cash to help with savings
FINANCE: NHS Bedfordshire’s savings targets are reliant on £3.65m of funds from the strategic health authority for investment in services.
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NewsUnused drugs 'cost NHS millions'
Millions of pounds of NHS money is wasted on unused medicines that are “stockpiled” in people’s homes, nurses have said.
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HSJ Local
Kent and Medway Partnership expects small deficit for 2010-11
FINANCE: Kent and Medway NHS and Social Care Partnership Trust predicted a small year-end deficit of £0.2m last month.
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NewsCapita to buy Tribal's health business
Tribal is to set to sell its health and government business to rivals Capita for £15.87m, it has been announced.
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HSJ Local
Southport and Ormskirk plans £8.6m savings for 2011-12
FINANCE: The trust aims to make efficiency savings of 5 per cent in 2011-12, or £8.6m, its draft budget for the year states.
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NewsExclusive: SHA troubleshooter now confirmed in turnaround role at England's biggest trust
As reported by HSJ earlier this week Mark Davies has now been confirmed as interim chief executive at Imperial College Healthcare Trust.
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NewsExclusive: Two more directors to leave Imperial following announcement of chief exec's departure
One of the largest NHS trusts in England has confirmed it is set to lose its chief financial officer and chief information officer, two days after HSJ revealed its chief executive is moving on.
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HSJ Local
Alder Hey plans to cut pay bill by £4.7m this year
WORKFORCE: The foundation aims to reduce its spend on pay by £4.7m this year, £4.4m in 2012-13, and £3.8m in 2013-14, a February board report shows.
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HSJ Local
West Herts expects £7.5m surplus
FINANCE: In the last month of the financial year West Hertfordshire Hospitals was expecting a £7.5m surplus for 2010-11.
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NewsEarl Howe orders break-up of North West's 'anti-competitive' four year contract
Health minister Earl Howe has told NHS North West to break up a four year “framework” deal between the region’s specialised commissioning group and mental health service providers.
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News
Monitor's intervention threshold lowered in new framework
Monitor is set to intervene in more foundation trusts that are in danger of breaching their authorisation.
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News
Consortia to handle PCTs' savings burden
Primary care trusts with some of the toughest financial challenges in England are handing responsibility for the huge savings they must make this year to pathfinder commissioning consortia.
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NewsPublic sector managers wary of increased strike threat
Most employers fear increasing levels of industrial action in the next year, especially as public spending cuts start to take effect, a new study reveals.
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HSJ KnowledgeRealising actual cost savings through organisational strategies
In the second of two articles on savings, Andy McKeon and Nigel Edwards look at powering organisational strategies to achieve real cost-savings and avoid disappointing results.
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HSJ Local
Over-performance pushes down South Staffs forecast to breakeven
FINANCE: The primary care trust reported a surplus of £46,000 at the end of February, with a forecast outturn of breakeven.