All Finance articles – Page 350
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HSJ Knowledge
Why competition still has its place in NHS
Competition in the NHS is nothing new - and the more measured approach outlined in the Health Bill’s amendments this week will better preparing the health service to fully function with competition working alongside integration, argues Wragge and Co partner Simon Taylor.
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NewsPensions strife threatens staff terms deal
Industrial strife over pensions reform is set to further frustrate trusts’ attempts to introduce changes to staff terms and conditions.
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CommentSally Gainsbury: sitting duck surpluses
When the going gets tough, the tough hide their surpluses from the grasping claws of the strategic health authority.
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NewsDH to 'rely' on local pricing to extend community services competition
The Department of Health will be “heavily reliant” on locally set prices to encourage competition from “any qualified provider” in community services, it said this week.
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NewsTraining budget protection supported by government
Billions of pounds set aside for staff training could in future be ring-fenced after the government declared support for “protected” education budgets.
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NewsExclusive: NHS faces 'big problem' if reform timetable slips - Nicholson
The NHS faces a “big problem” if there are further delays to the timetable for developing clinical commissioning groups or moving to an all foundation trust system, NHS chief executive Sir David Nicholson has told HSJ.
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News
Recommendations on new allocation formula expected in July
The government intends to give clinical commissioning groups shadow budget allocations this year, despite removing the deadline for the groups to take on their full financial responsibility in April 2013.
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NewsExclusive: 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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NewsTrusts 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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NewsGovernment 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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NewsKing'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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NewsDH 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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NewsCircle 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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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.