All Finance articles – Page 353
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News
PCTs will decide 'never event' fines for providers
Primary care trusts have been given freedom to set the level of financial penalty imposed on providers for serious failings “that should never happen”.
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HSJ Local
Wirral strikes early commissioning support deal with GPs
STRUCTURE: NHS Wirral has struck a deal to provide nearly 120 of its staff as “commissioning support” for GP consortia. It has told those employees their future could be in a private sector joint venture.
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News
Confed warns over EU purchase rule change
Proposals to scrap the barrier protecting health services from European procurement rules could place a “significant administrative burden” on NHS organisations, the NHS Confederation has warned.
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HSJ Local
Tavistock and Portman FT £721,000 behind income target but still on track for surplus
FINANCE; The specialist mental health trust said at month 10, January, its surplus of £259,000 was behind budget also, by £159,000.
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HSJ Local
NHS North Somerset receives ‘reablement’ funding from Department of Health
FINANCE: NHS North Somerset announced in January that it is to receive nearly £635,000, part of a £162m package from the DH to spend on frontline services.
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HSJ Local
Tameside FT deficit deepened to £1.5m in December
FINANCE: The foundation trust made a deficit of £331,000 in December, bringing its year to date deficit to £1.5m.
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HSJ Local
NHS Norfolk launches drive to cut medicine wastage
FINANCE: The primary care trust has launched a new campaign to try and reduce the number wasted medication in the country.
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HSJ Local
Birmingham and Solihull predicting £1m overspend on senior medics
FINANCE: Birmingham and Solihull Mental Health Foundation Trust is predicting an overspend on senior medical staff of more than £1m for the year.
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HSJ Local
Risk on activity reductions reported by East and North Hertfordshire
FINANCE: East and North Hertfordshire Trust has reported there is a risk of non delivery of activity reductions, part of the local efficiency plan.
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HSJ Local
SHA returns reserves to NHS Herefordshire
FINANCE: The primary care trust is to have nearly £3m of strategic change reserve (SCR) returned by its strategic health authority.
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HSJ Local
Dudley and Walsall Mental Health Partnership Trust behind on QIPP target
FINANCE: The west Midlands mental health trust had planned to make £2.3m in quality, innovation, productivity and prevention (QIPP) savings but had delivered only £1.3m at month eight, December, the strategic health authority reported.
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HSJ Local
North Cumbria UH still in the red despite £10m handout
FINANCE: The trust was reporting a deficit of £587,000 at the end of December, despite securing an extra £10m in funding from NHS North West to “support strategic change”.
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HSJ Local
Birmingham and Solihull FT contract negotiations escalated after 'impasse'
FINANCE: The West Midlands mental health provider reported in its latest board papers that the contract talks with Birmingham commissioners had reached a deadlock.
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HSJ Local
'Significant challenge' on inpatient falls at Shrewsbury and Telford Hospital
FINANCE: Shrewsbury and Telford Hospital Trust faces “significant challenges” in meeting its quarter four target for inpatient falls.
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HSJ Local
Royal Wolverhampton Hospitals rates CIPs underachievement as red risk
FINANCE: Underachievement of cost improvement programmes has been rated as a red risk at Royal Wolverhampton Hospitals Trust.
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HSJ Local
East and North Herts behind on surplus
FINANCE: At the end of January East and North Hertfordshire Trust was £1.2m behind its planned surplus.
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HSJ Local
Royal Wolverhampton Hospitals at 'major' risk of contract dispute
FINANCE: The Royal Wolverhampton Hospitals Trust is at “major” risk of becoming embroiled in a dispute with commissioners regarding over-performance.
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HSJ Local
NHS Sandwell remains on track for surplus
FINANCE: The primary care trust has further strengthened its financial position ahead of the year-end.
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News
PCTs fail to assess value of cancer spend
Most primary care trusts are failing to assess whether the cancer treatments they commission offer value for money, according to MPs.