Magazine / Healthcare Finance December 2022
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Features
Four new chief finance officers reflect on their journeys to the boardroom.
A spreadsheet-based automation tool aims to reduce the time it takes to fill in provider finance returns.
The NHS is data rich, but it needs to be analysed and acted upon if the service is to extract its full value.
Ambulances stuck outside hospitals waiting to hand over patients reflect wider pressures in the emergency care sector.
Finance teams will have a big part to play as the NHS looks for strength in numbers, says new HFMA president Lee Bond
News
And next year looks set to be as difficult, with the significant levels of non-recurrent savings in this year’s financial positions for next years.
Finance directors in the survey said next year looked hugely difficult, rating the financial challenge between eight and 10.
At month 6, the NHS was reporting a £482m overspend compared to plan, with systems overspent by £651m.
NHS Resolution, which runs indemnity schemes for health services in England, introduced the early notification scheme five years ago.
Kwasi Kwarteng resigned as chancellor after a little over a month in office and was replaced by Jeremy Hunt.
Comment
The promised long-term workforce plan gives the NHS a shot at addressing staff vacancies.
Don’t sacrifice transformation in the face of financial pressures.
Owen (pictured below with trustees and HFMA staff at a recent board meeting at Stormont) has been an outstanding president.
Technical
Iain Crossley, a tutor for the Making finance work in the NHS module.
A round-up of recent job moves
That’s exactly what Heledd Cooper did this summer, moving from her North Wales home and Liverpool job to take up the position of finance director.
The HFMA year-end survey painted a picture of a difficult year-end for 2021/22 and there are indications that 2022/23 will be no easier.
A round-up of recent technical developments
Related content
This event focused primarily on the use of costing information and the importance of working with others to turn data into business intelligence.
The HFMA mental health conference is a learning and development event and is the largest face to face event for the HFMA Hub mental health network.