NHS providers must submit a business case to show setting up a wholly owned subsidiary company yields value beyond VAT savings, under new proposals from NHS Improvement.
The government has hit back at claims that there is not enough incineration capacity to burn waste from NHS hospitals - accusing the company at the centre of a stockpiling scandal of refusing to pay disposal costs.
Fifteen NHS trusts have transferred their clinical waste management contracts to another provider, after it emerged a key supplier to the NHS was stockpiling human body parts and other dangerous waste.
A third of acute trusts routinely break the law by paying their suppliers late, HSJ can reveal.
Two NHS trusts are planning to continue with developments of their subsidiary companies – saying a national “pause” does not apply to them.
The national regulator has today told NHS trusts to “pause” any ongoing plans to set up subsidiary companies and wait for new guidance to be issued.
Colenzo Jarrett-Thorpe outlines how NHS trusts use wholly owned subsidiaries to gain tax exemptions at the cost of employees who are left in the lurch
NHS trusts looking to create wholly owned subsidiary companies to secure VAT savings risk facing action by union members with strike action already planned at one trust.
Key estates staff at an acute trust are to strike over plans to transfer their jobs into a subsidiary company.
One third of community hospitals missed their safe staffing plans every month for at least three years, HSJ analysis suggests.
Twenty NHS providers accounted for almost £600m of deterioration against the trust sector’s financial plans in 2017-18.
The chief executive of York Teaching Hospital Foundation Trust will retire at the end of this month after more than a decade in the role.
A “corrosive” legal bid by 20 NHS foundation trusts for business rates relief could threaten the financial viability of some councils.
HSJ approached the 29 pathology networks proposed by NHS Improvement to ask if local trusts had signed up. In most cases the proposed “hub” trust was able to answer on behalf of its network.
NHS Improvement and the Treasury have discussed proposals for “transaction funding” to support a new wave of takeovers of underperforming trusts by other organisations, HSJ can reveal.
The redevelopment of a community hospital is back on track after NHS Property Services approved one of its largest ever individual capital investments of nearly £12m.
NHS Improvement has accepted formal revisions to the financial forecasts of almost 60 NHS trusts, according to data published today.
The employment contracts of thousands of non-clinical NHS staff could be transferred to subsidiary companies under plans being drawn up by 16 hospital trusts.
HSJ has identified 19 providers that have already established a subsidiary company to manage their estate, plus 16 that have told staff they are considering the move.