What to do with 'excess' NHS estate? How do you support better capital planning? How do you invest in digital and sustainability, given competing demands for capital? An HFMA roundtable, in partnership with @darwingroup_ltd offered some suggestions.
https://t.co/FsuBxM6niN
The July issue of Healthcare Finance covers the election of the new Labour government, with health and social care secretary Wes Streeting wasting no time in setting up an independent investigation into the performance of the NHS, led by Lord Ara Darzi.
https://t.co/bcn3liS5cU
#NHSfinancenews
False economy? Integrated care systems are operating in a difficult financial environment and need to make savings to deliver financial balance. But clinician Sanjay Agrawal says that cutting prevention funding would be short-sighted.
🔗https://t.co/oCbmuPQXqN
#nhsfinancenews
Did you know? The NHS currently produces 156,000 tonnes of clinical waste a year from secondary care.
A new @NHS England 10-year strategy could save up to £11 million in recurrent costs & reduce CO2 from clinical waste by 30%.
🔗https://t.co/xFr42i1HLz
Covid-19 not only hit ethnic minority groups harder, it also impacted on their access to planned care. This inequality needs to be addressed as systems tackle elective backlogs, says @NuffieldTrust's @SarahScobie2 @NHS_RHO.
🔗 https://t.co/1SHHtKIhLe
“Covid-19 not only hit ethnic minority groups harder, it also impacted on their access to planned care. This inequality needs to be addressed as systems tackle elective backlogs." @SarahScobie2 explores what needs to be done next in this blog: https://t.co/M216NOqj1D
Time for a reality check, says HFMA editor. Systems need time and space to deliver on their potential to deliver more integrated, sustainable services for patients. But they also need budgets that are matched to expectations.
🔗 https://t.co/Q83XKBFUVK
After a difficult year-end audit process, NHS bodies might be tempted to try to appoint a new auditor. But with continuing audit market problems, this may make matters worse, says @EKnowlesatHFMA.
🔗 https://t.co/gDrhtHBIfx
Costing teams can do more to support transformation. But they need to be given the time and support to use costing data alongside population and wider patient-level data to drive improvement.
ICYMI last week, read @HRingroseUK's first HFMA blog here: https://t.co/9rNThnQF5S
It is not all about the money – finance and service information should be presented side-by-side in board reports, with finances put into the context of operational performance. But how the figures are presented is important, says @HFMAeditor: https://t.co/QSITMUMNlH
Digital technology not only has the power to transform patient care, but it could also drive enormous productivity and efficiency gains in the NHS, says @NHSEngland's @jade_ackers.
Read the new HFMA guest blog here: https://t.co/HFgBd7jCef
It was recently announced that plans for a more frequent cost collection would be put on hold. But while a pause makes sense, increasing recognition of trusts' concerns about the costing process must be backed up with real change, says @HFMAeditor: https://t.co/ns4NqSHnP0
#ICYMI last week, the June issue of Healthcare Finance magazine is out now online and arriving on your doorsteps!
Full of the latest news and in-depth features, the magazine is a must-read for HFMA members!
Access here: https://t.co/A7l4pTcMpv
Claiming tax relief for professional fees, work clothes or use of own vehicle for work? While some companies will charge to do the claim for you, the best and least expensive way to do this is to apply to HMRC directly, says @HMRCgovuk's Caroline D'Cruz: https://t.co/AsVX1zrD6M
The June Healthcare Finance issue is online!
In this issue, ICB finance directors look ahead to roles as new system conductors, how to make operating theatres more sustainable, value-based healthcare in Wales, career support for finance managers and more: https://t.co/wM16rXK2eV
Virtual value: video consultations are here to stay, bringing benefits for patients and clinicians. But there is still a way to go in understanding the financial impact, says Andrew Bone.
https://t.co/wK86O5pC8V
NHS finance teams have a role to play in creating the right environment for innovation, but changes in the national framework & processes would help too.
Read the blog from @TerryWhittle, @MKHospital FD, about how a bolder response is needed to innovation https://t.co/Qwr9AJb1eK