All Finance articles – Page 480
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News
NHS underspends by £1.8bn
The NHS is heading for a record 1.8bn underspend this financial year, HSJ can reveal.The total surplus will be almost 2 per cent of the NHS budget. It is understood to be causing embarrassment at the Department of Health amid concerns that it will be accused of presiding over a ...
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Consultants' contract offers no productivity gains, say MPs
There have been 'no measurable improvements' in productivity as a result of the 2003 NHS contract for consultants, MPs have concluded.
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Huge disparity in managers' pay, Tories claim
The Conservatives have claimed there is a huge disparity in how much primary care trusts are spending on management salaries.
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£1.8bn NHS underspend 'manageable', says Nicholson
The NHS chief executive has defended its expected record £1.8bn surplus as 'relatively small' and 'healthy'.The 2 per cent underspend, revealed by HSJ earlier today, was 'relatively manageable', David Nicholson told the Commons health select committee.
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£57.5m earmarked for deep cleaning
Strategic health authorities have together allocated £57.5m to support the government's 'deep clean' drive.In a statement to the House of Commons on 21 November, health secretary Alan Johnson said all NHS hospital trusts should aim to complete their deep cleans by the end of March 2008.
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£11m donation for Great Ormond Street
Great Ormond Street Hospital has received a £11m donation from the Barclay Foundation.
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PFI debt fears as district general hospitals feel the squeeze
District generals' income is set to take a hit as specialist hospitals and primary care trusts move in on their territory. How will they pay PFI debts of £28.5bn, asks Sally Gainsbury
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MP demands severance deal figure
A Conservative MP is demanding the Department of Health discloses the severance settlement paid last month to Mark Rees, the former chief executive of Barking, Havering and Redbridge Hospitals trust.
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ISTC second wave faces cuts
The government is expected to announce significant cuts to the planned second phase of its independent sector treatment centre programme.
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Unions fear precedent in FT pay battle
A hospital's refusal to adopt a national pay agreement has raised questions over the limits of foundation trusts' independence.
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Banks threaten to hit FTs with rate hike over debt guarantees
Banks have threatened to hike up the interest rates they charge foundation trusts in the absence of a guarantee that the government will underwrite their debts.
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PCTs will not take on escort and bedwatch roles from Prison Service until April
Primary care trusts will commission prison healthcare security services a year later than planned because of behind-the-scenes wrangling over costs.
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DoH may wipe financial slate clean for 17 struggling trusts
The Department of Health is considering wiping out historical debts of at least some of the 17 trusts it has classified as 'financially challenged'.
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Mixed response to plans for pharmacy funding
Plans to transfer central funding for pharmacies to primary care trust budgets are backed by the NHS but opposed by many pharmacies.
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HSJ Knowledge
E-procurement strategy / launch.
Lyn WhitfieldImproving data quality and getting systems to work together are more or less the first issues to arise whenever IT is discussed in the NHS. They apply as much to commercial systems as to clinical ones.Yet the health service has tended not to take a common approach when it ...
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Health visitor investment will reach too few, says union
The government is investing an additional £30m on an untested health visiting scheme that will reach too few needy families, according to trade unionists.
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District general hospitals face heavy specialist service losses
District general hospitals face handing their specialist services to regional centres of excellence because they will no longer be paid the services' full cost, HSJ has learned.
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Trusts doing well will not be penalised for historic deficits
Hospitals working hard to address historic deficits have been given a reprieve by the Audit Commission: they will no longer automatically score 'inadequate' in the resources element of the health check.
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Unions issue warning to government over plans to curb wage rise
Proposals to raise NHS wages by just 2 per cent will lead to political strife and sustained 'hard bargaining', according to health economists.
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Treasury may veto golden handshakes for trust chief executives
Future pay-offs to senior managers who leave under a cloud may have to be approved by the Treasury. It follows the furore over severance pay to former Maidstone and Tunbridge Wells trust chief executive Rose Gibb.