All Finance articles – Page 59
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News
Exclusive: Trusts and systems to be given £1.5bn to cover inflation costs
Local NHS organisations will be given an extra £1.5bn in 2022-23 to help cope with inflation and other cost pressures – and have been told to make extra savings to bring their budgets into balance, HSJ has discovered.
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NewsBig hospitals warn NHSE of dangers of ICS takeover
Moving specialised services commissioning from NHS England to integrated care systems risks fragmenting provision, creating post-code lotteries and diluting quality and expertise, a group representing some of the largest tertiary trusts has told NHS England.
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NewsFears of delay to flagship ‘new hospitals’ after funding cut
Several of the ‘40 new hospitals’ promised by government face further delay and disruption because the trusts are receiving less cash than needed for crucial planning work this year, HSJ can reveal.
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NewsFunding overhaul for mental health beds revealed
National NHS officials have proposed a major shift in the funding model for inpatient mental health beds for children and young people, information seen by HSJ reveals.
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Expert BriefingWest Country Chronicle: Scandal-hit trusts show signs of progress
From Cornwall to the Cotswolds, West Country Chronicle offers essential insight into NHS matters in the South West. Contact me in confidence here.
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NewsTougher cancer target considered by ministers
Government is considering setting a tougher cancer diagnostic target as part of its declared ‘war on cancer’, HSJ has been told.
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News‘One last chance to get it right’ for ‘inadequate’ trust, says chair
The chair of what may be England’s most challenged trust has rejected suggestions that it needs a ‘wholesale reorganisation’ but said it is on its ‘last chance to get it right’.
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NewsTrust hit by £2m penalty due to broken roof in ‘toughest year’ for funding
A well-regarded foundation trust expects to lose £9m for missing elective recovery targets in 2022-23, £2m of which is because it needs to close theatres to fix a dangerous roof.
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NewsMajority of ICSs admit purchasing plans still work in progress two months before launch
Most integrated care systems have not appointed a procurement lead despite NHS England directing the new local bodies to have a dedicated director in place by April, an HSJ analysis suggests.
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NewsTrust abandons £150m commercial loan plan
A trust has abandoned a proposal to borrow £150m from a commercial lender to plug gaps in government capital funding.
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NewsExclusive: Every health system to face real-terms funding cut in 2022-23
Every health system has seen their core recurrent funding reduce in real terms in 2022-23, analysis by HSJ reveals.
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NewsBuilding order of ‘new hospitals’ revealed as £550m consultancy deals announced
Projects in Dorset and Devon are set to be the first within the government’s New Hospital Programme to agree construction contracts.
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PodcastHSJ podcast: The ICS rebellion and exec diversity declines
NHS England has asked systems to ensure their financial plans break even this year – but this is easier said than done when many face deficits of over £100m.
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NewsSystems push back on NHS England’s ‘financial break even’ ask
Multiple health systems are pushing back on their financial targets for 2022-23 and seeking to negotiate more ‘realistic’ plans with NHS, HSJ understands.
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NewsMultiple trusts extend free parking despite government funding cut
Several systems and trusts have decided to extend their free parking offer for staff despite central government funding for the policy coming to an end this month.
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PodcastHSJ podcast: A painful recovery
On this week’s episode we explore the pressure points hindering the NHS’s recovery this spring.
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NewsNHSE tightens control over trusts’ tech procurement
NHS England has cut the number of procurement frameworks for digital and IT products by a third, as part of a purchasing shake-up.
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NewsMackey: cost-saving targets for trusts ‘not really possible’
The cost savings targets set for the most financially challenged trusts ‘probably aren’t really possible’, NHS England’s national director of elective recovery Sir Jim Mackey has warned.
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NewsFinance team at scandal trust was ‘under-staffed and unable to whistleblow’
An under-resourced finance department where staff did not feel they could blow the whistle on senior colleagues was a factor in enabling ‘intentional misstatement’ of a major acute trust’s financial position, HSJ has been told.
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NewsProcurement of PPE, diagnostics and medical devices to be in-housed by national agency
The national supply chain agency will bring management of significant areas of NHS spend in-house on a permanent basis in a major overhaul of its operating model, HSJ has been told.