All Finance articles – Page 358
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HSJ Local
Sutton and Merton to delegate upwards of £309m
STRUCTURE: Sutton and Merton primary care trust is planning to delegate most commissioning to two consortia - The Sutton Consortium and The Federation - from April.
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HSJ Local
Mid Staffs faces ‘worst case scenario’ of cash deficit
FINANCE: The foundation trust was reporting a deficit of £5.8m in November against a planned deficit of £4.3m, representing a negative variance of £1.5m.
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HSJ Local
North Staffordshire forecasting retained £1.9m deficit
FINANCE: North Staffordshire is forecasting a year-end deficit of £1.89m.
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HSJ Local
South Staffs and Shropshire FT on course for surplus
FINANCE: The mental health foundation trust is forecasting a year-end surplus – though slightly smaller than originally planned.
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HSJ Local
Staffs and Shropshire FT comms team drives down costs
FINANCE: The mental health FT’s communications team has slashed the cost of producing its annual report over the last three years.
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NewsNHS warned to expect surge in clinical negligence claims
The NHS faces a “massive” increase in clinical negligence claims this year, the chief executive of the NHS Litigation Authority has told MPs.
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NewsBarts double merger moves a step closer
The creation of a new £1.1bn turnover organisation has moved a step closer after NHS London ruled an acute trust could merge with two smaller hospitals.
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NewsPCTs fail to make half of savings targets
Primary care trusts are predicting they will miss their savings targets by up to 56 per cent this year, analysis by HSJ has found.
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HSJ KnowledgeTo work, the 'pay freeze for jobs' agreement needs coherent, medium term planning
The national enabling agreement proposes a pay freeze in return for no compulsory redundancies - but could this really be delivered? Director of public sector consulting at Hay Group Peter Smith weighs up the pros and cons.
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HSJ Knowledge
Steps to improve mental health productivity can ease the pressure on budgets
The productivity challenge facing the whole NHS may well hit hardest those services traditionally most vulnerable to funding cuts - but there is scope to cope, says King’s Fund senior researcher Chris Naylor.
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NewsConsortia to be authorised in stages, Sir David tells HSJ
Commissioning consortia could be authorised in degrees and should not “make” their own commissioning support, NHS chief executive Sir David Nicholson has told HSJ in a wide-ranging interview.
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NewsExperts warn of increase in alcohol-related deaths
Health experts have accused the government of pandering to the drinks industry as they revealed up to 250,000 extra lives could be lost in the next 20 years unless tough restrictions are introduced.
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HSJ Local
The Whittington could lose £4m if it breaches "risk-sharing" cap with commissioning cluster
FINANCE: The north London hospital trust has accounted for the possibility that it will breach the £2.3m activity limit cap with its main primary care trust commissioners in north central London (NCL) by £3.7m.
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HSJ KnowledgeMaking changes to achieve savings - without disastrous consequences
In managing the NHS, we have choices. When we have a difficult problem do we think radical, fundamental, realistic, or painstaking? Jan Filochowski, chief executive of West Hertfordshire Hospitals Trust, says that when push comes to shove, it’s worth being an evolver more than a radical, and a realist more ...
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HSJ Local
Colchester FT underachieving on CQUINs
FINANCE: Underchievement on CQUIN goals by Colchester Hospital Foundation Trust has cost it nearly £0.5m so far this year.
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HSJ Local
NHS Lewisham predicting £8.8m overspend with principal providers by year-end
FINANCE: The south-east London primary care trust’s most recent finance papers showed it was £6.6m overspent by December with its three main acute providers, with another £2.2m “likely” by the end of the year.
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HSJ Local
NHS Richmond & Twickenham cluster predicting bigger overspend after pessimistic assessment of acute challenges
FINANCE: The south-west London primary care trust’s minutes record the five-PCT sector anticipating having to go into its reserve if the £4m in acute sector challenges saved only £2.7m.
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HSJ Local
NHS Bexley looks to save money on Commissioning Support for London contract
FINANCE: The south-east London primary care trust had, along with the rest of the capital’s PCTs, signed a three-year contract with CSL, the value of which it is now proposed to slash.
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News
Readmissions payment ban will cost hospitals £790m and create 'perverse incentives' - Confed
NHS hospitals stand to lose around £790m next year from the ban on payment for emergency readmissions, a study by the NHS Confederation has found.
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HSJ Local
Bradford FT reports 'very high' emergency demand impacting PCT
FINANCE: Bradford Teaching Hospitals Foundation Trust has reported that demand for emergency care is “very high”, putting pressure on commissioners’ budgets.