What does the NHS long-term plan mean for the finance function?
08 May 2019
The HFMA has been working with members to assess the implications of the NHS long-term plan (the Plan) for finance teams. Views have been collected from the faculties and committees that represent the wider membership and combined with comments from the Board of Trustees through the Policy Summit held in February 2019.
The areas included in this briefing represent the outcomes of these discussions. Although further detail is expected as part of additional planning guidance in the summer and in the spending review later this year, the Plan sets a clear direction of travel. Organisations need to embrace this and start working on their own solutions now, including considering the role of the finance function.
The HFMA has already produced a number of resources that can support members, and these are highlighted where relevant. As the association’s 2019/20 policy and technical work programme is developed, all members will be able to comment on areas that might be missing or would be helpful and can share their views on the implications for their particular area of work.