All Private finance initiatives (PFI) articles – Page 2
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NewsGovernment bailout coming for major hospital redevelopment
The government is expected to have to bail out a major hospital redevelopment within the next few weeks, HSJ has been told.
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NewsTrust admits it will miss financial plan by £20m
A foundation trust in the North East has admitted it will miss its financial control total by more than £20m, after failing to meet efficiency plans set at the start of the year.
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NewsDHSC paid PFI lenders £42m after miscalculation
The Department of Health and Social Care repaid £42m to investors of a failed PFI scheme three months before it emerged the fee was not required, according to auditors.
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NewsExclusive: Private finance scheme for the NHS scrapped
A much-vaunted scheme to use private investment for NHS capital projects has been officially scrapped, HSJ has learned.
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CommentThe Bedpan: ‘Under the Knife’? Not really
What it is: Under the Knife is a new, crowd-funded and Keep Our NHS Public-supported documentary.
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NewsNHS trusts owe government £14bn
Heavily-indebted NHS providers are bidding to restructure their loans with the Department of Health and Social Care, albeit with little prospect of them being written off.
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HSJ LocalFT accuses Treasury of being inflexible over PFI buyout
A leading foundation trust says inflexible Treasury rules are preventing it from buying out a private finance initiative contract, which could deliver savings of £30m a year.
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NewsBoris Johnson names ‘hospital upgrades’ as early priority
The new prime minister has made “hospital upgrades” a focus in his first speech as prime minister and ”ensuring the money for the NHS really does get the frontline”.
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NewsNHS England seeks £50bn bond for ‘capital starved’ health service
The chair of NHS England has called on politicians to back a £50bn government “bond” for infrastructure spending, saying the service is “capital starved”.
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CommentThe Bedpan: When the NHS asks, the answer is ‘yes’
This week: Nicky Morgan, Conservative MP and chair of the House of Commons Treasury select committee.
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Exclusive: NHSE/I orders trusts to cut capital funding bids
NHS trusts have been told they are asking for too much capital funding and to scale back their ambitions for next year.
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CommentCowper’s Cut: The price of financial lying
The NHS will have to pay the price for cultivating a culture of financial lying and cheating and incentivising the wrong things, warns Andy Cowper
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HSJ AwardsHSJ Partnership Awards 2019: Legal Services Provider of the Year
WINNER: Ward Hadaway, Tees Esk and Wear Valleys Foundation Trust: The Roseberry Park Scheme
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NewsGovernment reviews private finance options
The government has launched a review of private financing options for public infrastructure and said it will no longer procure PFI-type projects that are “off-balance sheet”.
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NewsMajor trust's 'historic underinvestment' causing equipment failure
A major London trust had to cancel hundreds of MRI scans after ageing equipment stopped working, causing it to miss its two-week diagnostic target for the first time in 14 months.
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NewsTrust eyes new private finance model to build hospital
An acute trust is hoping to be among the first organisations to use a new form of private financing to help fund a replacement hospital.
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Revealed: The winners and losers of government's £2.9bn capital pot
Two out of three requests from NHS trusts for capital investment have so far been rejected under the government’s new funding regime, analysis by HSJ suggests.
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HSJ LocalCCG forced to subsidise GP practice relocation
A north London CCG has resorted to offering subsidies to persuade a GP practice to move into a community hospital site.
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CommentWhere does the end of PFI leave PPP?
The longevity of models such as LIFT demonstrate that, done correctly, PPPs offer a flexible and sustainable environment for dynamic services, at a time when GPs are less inclined to buy into career long partnerships. By Chris Whitehouse
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NewsDalton: 'Government must replace £3bn expected from PFI'
The government needs to set out what will replace the private finance initiative and the £3bn of capital it was expected to raise, the chief executive of NHS Improvement has said.