Financial Management Award
The 2006 HFMA Financial Management Award was focused on the finance role in supporting the delivering of improvements in efficiency. There are two categories within the award: one for PCTs and one for NHS Trusts and NHS Foundation Trusts
Further detail on this Award can be found in HFMA’s 2006 Awards brochure.
Winner PCT: North East Lincolnshire Primary Care Trust

North East Lincolnshire Primary Care Trust was selected as the winner for its work reshaping finance and information to support practice-based commissioning. The PCT has improved patient care and reduced costs and judges said the work provided a model for others to follow.
Winner FT/Trust: Bro Morgannwg NHS Trust

Bro Morgannwg beat off competition from King’s College Hospitals NHS Trust and Liverpool Women’s Hospital NHS Foundation Trust to win the Trust award. The judges praised the Welsh trust’s ‘sheer persistence in pursuit of financial savings’. Some aspects of the trust’s financial management, which involved finance staff being embedded in front-line directorates, were ‘not necessarily innovative’ but judges said some of the savings schemes used cutting edge technology.