FINANCE: A McKinsey review of the trust’s private finance initiative has found it is sustainable, with health community support.
Assumptions made within the report relating to cost improvements and productivity opportunity, and methodology followed during the assessment were discussed. It was recognised that there was further opportunity to divert revenues to the trust and the report is to be shared with the SHA Cluster and DH, and advice sought on driving forward with the health community.
It was confirmed that the trust’s cost improvement programmes were broadly aligned over McKinsey’s work. The results of the review were felt to be helpful and endorse the work being undertaken at the trust as well as help to initiate a joint strategy across the health community.
McKinsey is to be asked to attend future board meetings to discuss working with the health community and clinical strategy implications.
Sherwood Forest Hospitals Foundation Trust, foi-ed board minutes
30 September, released on 8 November 2011