All Finance articles – Page 349
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NewsPFI hospitals 'asset stripping', claims campaign group
Hospitals built under the private finance initiative are closing beds and cutting jobs in a “desperate bid” to balance their books, a campaign group has claimed.
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HSJ Local
Trafford aims to identify preferred takeover bid by July
STRUCTURE: Trafford Healthcare is due to publish a prospectus this month in its bid to be absorbed by a foundation trust.
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HSJ Local
North Cumbria opts for 'accelerated' process to select merger partner
STRUCTURE: The trust aims to have found a foundation trust to take it over by October this year, and to dissolve by October 2012, latest board papers show.
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HSJ Local
Mid Essex PCT heading for £3m surplus
FINANCE: Mid Essex PCT is forecasting a surplus for the 2010-11 financial year of £3m, which is £2m better than the plan.
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NewsReforms forcing managers to choose between job and prison, Information Commissioner warns
Data security in the NHS is being put at risk because managers are focusing on financial issues and structural reforms, the Information Commissioner has warned.
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News£90m mental health unit approved
A new £90m mental health unit in South Wales has moved a step closer after Welsh assembly minister Edwina Hart gave her blessing to the scheme.
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HSJ Local
NHS Hillingdon to miss surplus target
FINANCE: NHS Hillingdon is £4.9m behind its financial plan for 2010-11, reporting a deficit of £1.2m in February.
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HSJ Local
South West Essex to fall short on turnaround schemes
FINANCE: South West Essex PCT is forecasting that it will fall £11.6m short of its turnaround plan for the current financial year.
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HSJ Local
South West Essex PCT pins hopes on £8m contingency release
FINANCE: The South West Essex primary care trust will need £8m of contingency funds to break even this year.
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NewsNHS missing out on high-cost equipment savings
The NHS is missing the chance to save money on expensive equipment by failing to collaborate on purchasing and maintenance, a National Audit Office investigation has found.
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CommentMedia Watch: flu vaccine orders get in early
Just as everyone was reaching for their sunglasses, the Guardian reported how GPs had already been told to start ordering flu vaccine stocks for next winter.
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CommentLondon trusts' savings to fall short despite cost-cutting success
It is becoming clear that while trusts in London have succeeded in cutting costs during 2010-11, savings will fall significantly short of what was planned, meaning surplus targets will not be met.
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NewsGovernment has not done enough to prevent price competition - Confed
The government must set prices across most aspects of health service provision to prevent price competition accelerating under its reforms, the NHS Confederation has warned.
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NewsMid Staffs understaffing problems 'concealed' from board
A report highlighting major understaffing at Mid Staffordshire Foundation Trust was withheld from the board by the chief executive until foundation status was gained, the public inquiry heard this week.
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News'Firm action' needed on access targets, DH warns
“Firm action” is needed to tackle sliding performance against access targets, according to the latest quarterly report from the Department of Health.
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HSJ Local
NHS Enfield predicts deficit next year
FINANCE: NHS Enfield is forecasting a deficit of more than £20m for 2011-12 – but this depends on a £30m efficiency savings programme heavily reliant on tighter contracts with acute trusts.
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NewsAdvocacy groups requiring HealthWatch role assistance
Around one-third of the patients advocacy groups expected to become Local HealthWatch scrutiny teams need to up their game before taking on their new roles as part of the government’s health reforms, according to a health minister.
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NewsSouthern Cross insists lease issues can be fixed
The chief executive of troubled care-home provider Southern Cross has insisted the company’s future can be secured through negotiations with landlords over the coming weeks.
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HSJ Local
The Whittington records £700,000 deficit in February
FINANCE: The Whittington Hospital NHS Trust has recorded an in-month deficit of more than £700,000, due mainly to an under-performance on clinical income and increasing staff costs.
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HSJ Local
'Gaps' remain in Mid Essex QIPP plan for next year
FINANCE: The Mid Essex primary care trust has identified issues with it efficiency planning for the 2011-12 financial year.