Limiting capital spend inhibits systems’ opportunities to improve productivity
The government’s new hospital programme (NHP) has delivered slower progress and higher costs than expected.
NHS capital budgets will need to nearly double over the three years of the next spending review to clear the building repairs backlog.
Place-based working is key to the success of systems and a recent HFMA roundtable, supported by Newton, explored the components needed.
NHS capital budgets will need to increase by £6.4bn a year to clear the service’s backlog maintenance and improve productivity.
The NHS won't be able to deliver faster and more productive patient care unless capital budgets are nearly doubled to at least £14.1bn, according to analysis from the NHS Confederation.
Since capital accounting was introduced in the NHS back in the early 1990s, tangible and intangible assets have been held at valuation.