Providers need to address an underlying deficit of up to £4.3bn if the NHS is to achieve financial sustainability, according to figures released by NHS Improvement.
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Labour has called on the government to find more capital funding for the NHS, claiming trusts have been forced into a fire sale of valuable property to plug gaps in finances.
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The NHS must be freed from a debilitating cycle of missed performance and financial targets, according to trusts’ representative body NHS Providers.
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Trusts face significant difficulties in recruiting and retaining senior leaders because of the NHS blame culture and a ‘near toxic’ mix of organisational pressures, according to new analysis.
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The amount owed by trusts in short-term loans increased by more than 50% by the end of 2017/18 compared with the previous year.
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The cost of returning the NHS to a sustainable financial position while meeting NHS constitution targets could swallow up most of the new funding announced by the government, NHS Providers has warned.
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Keep it simple, focus on making a difference for patients and put time into cross-system relationships. These were the key messages from three of the first wave of integrated care systems (ICSs) at the HFMA Convergence conference in Nottingham.
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New payment systems will be important to underpin system working in future, but they are not the immediate priority, according to one of the pioneering integrated care systems.
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An interim payment approach has been made available for integrated care systems (ICSs) to adopt in 2018/19 to support the delivery of more integrated care.
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The NHS needs to get better at reporting its overall financial position, rather than focusing on challenges within specific sectors, Jim Mackey told the HFMA’s Convergence conference in Nottingham.
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