HFMA year-end survey highlights audit as rising concern
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For legislative change to work, you need to be clear about the intended outcome
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Changes are needed to the capital system, but estates and finance staff also need to work better together and speak each other’s language
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The NHS needs a new system to allocate capital to support investment in transformation
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Three new accounting standards come into force over the next two years and NHS bodies need to prepare now.
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Health economies are showing increasing interest in using wholly-owned subsidiaries to deliver services such as estates and facilities management and outpatient pharmacy. But this takes some finance teams outside their comfort zones.
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The NHS may be waiting for Treasury guidance to understand fully the implications of new accounting rules for leasing, but local bodies need to start preparing for the change now.
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In an era of system working and partnership, mergers have taken a back seat. But formal restructuring is still a live issue in some areas and there is practical help available to support finance teams.
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Blogs
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All
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Alan Milburn
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Alex Gild
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Alfa D’Amato
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Bill Shields
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Brian Ferguson
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Catherine Mitchell
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Chris Ham
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David Chandler
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Debbie Paterson
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Dr Raj Patel
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Duncan Watson
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Edward John
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Emma Knowles
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Ewan King
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Ian Moston
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Ian Turner
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James Hawkins
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Jason Helgerson
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Julia Heberle
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Lee Outhwaite
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Lee Rowlands
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Lisa Robertson
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Mark Knight
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Mark Orchard
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Matthew Cripps
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Michael Dimov
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Nigel Davies
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Paul Briddock
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PwC
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Sam Riley
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Sandra Easton
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Sanjay Agrawal
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Sarah Bence
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Sarah Day
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Sarah Dowbekin
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Seamus Ward
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Steve Brown
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Sue Bottomley
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Suzanne Robinson
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Tony Whitfield
Publications
A summary of the NHS recommendations for an NHS Integrated Care Bill
21 October 2019
Briefing
Going concern - Assessment and reporting requirements in difficult times
16 October 2019
Briefing