Value, costing, efficiency and productivity
Supporting finance staff and others to deliverthe best possible outcomes with the available resources.
HFMA Awards 2024
Nominations for the costing award category are open until Friday 27 September.
Policy and guidance
This map brings together tools and resources that will be useful to finance teams supporting digital transformation within their organisations
How senior finance leaders can ensure that the whole organisation and system understanding and ownership of the financial position.
Our detailed directory of all the resources the HFMA has on offer.
A comprehensive guide of how the NHS finance regime works, as well as the wider landscape in which it operates.
This map provides a quick reference guide to key guidance documents, national statistics and data from across healthcare systems and think tanks.
A tool promoting best practice in the efficient and effective use of resources to deliver high-quality sustainable healthcare.
From April, some integrated care boards will take on full delegation of specialised services.
The HFMA’s NHS audit committee handbook is a comprehensive guide covering aspects such as the purpose, arrangements, roles and supporting checklists.
A case study describing how a digital system is enabling knowledge of the relationship between genes and medicines to be used in primary care
Update of previous September 2021 briefing highlighting progress against 10 tests of what good looks like for costing in the NHS.
Finance's role in enhancing efficiencies is explored in a recent HFMA roundtable, with a focus on required systems.
Case study describing an innovative approach to system wide costing and benchmarking across Mid and South Essex Integrated Care System.
This supplement showcases the 2023 winners and those shortlisted for awards. The winners were announced during the HFMA annual conference in December.
Guide to the production and use of cost data in the NHS and overview of the role of a costing practitioner.
This case study describes how the Sussex health system have approached this for their musculoskeletal services.
This briefing aims to demystify some of the many terms that are used when discussing financial sustainability.
Dorset Intelligence and Insight Service has been set up to enable people working across the health and social care network to access digital tools.
Improving quality in health care is about making it safe, effective, patient-centred, timely, efficient and equitable.
The HFMA sets out its views on the current NHS pressures and what needs to happen now.
This case study describes Alder Hey’s model for innovation, identifying the key factors that make it a success.
To standardise the way the NHS team receive the requests, they have produced a template document to be used for future NSCRs.
This case study describes a radio-frequency identification (RFID) system tracks medical assets.
News and analysis
The UK needs to kick start a once-in-a-generation rethink of national health policy, according to a commission on health and prosperity.
NHS England has restated that systems must aim to deliver their agreed financial plans for 2024/25 as it confirmed winter operating assumptions.
Acute productivity rose by 2% in the first quarter of the 2024/25 financial year compared with 2023/24.
The Darzi review offers a chance to take a long-term view on NHS, says HFMA president Claire Wilson.
Few anticipate the Labour government’s first budget in October delivering much for the NHS in terms of capital, but what can be expected?
Reforming the NHS needs to square with budget restrictions, says Healthcare Finance editor Steve Brown
With some significant increases in substantive staff numbers in recent years, there is a push to accelerate the reduction in use of agency workers.
A&E departments are under pressure everywhere. But what impact are frequent attenders having on this demand?
A new community services currency could help systems to better understand the needs of their localities and develop services to match.
Developments in healthcare finance over recent months.
Virtual wards enable patients to get hospital-level care from the comfort of their own homes. But how do you get the most value out of them?
Diabetes treatment costs the health service more than £10bn a year. Can patient pathways be changed to deliver better outcomes at lower costs?
Upcoming events
The session will include a focus on how to understand your strengths, weaknesses and skillset and enable you to differentiate between them.
The symposium attracts senior decision-makers interested in making value-based healthcare a reality, and welcomes international delegates.
The HFMA mental health & learning disabilities conference is a development opportunity and is the largest face to face event for the MHLD network.
Have you ever wondered what costing teams do apart from the National Cost Collection?
Join for an informative session
The HFMA East Midlands Branch would like to invite you to attend the 2024 annual conference!
Join ONF for a range of sessions and opportunities to network, including the Value Maker awards presentation.
This event focused primarily on the use of costing information and the importance of working with others to turn data into business intelligence.
The session is designed to cover the overarching principles of VAT and how VAT works within the NHS.
This is an opportunity to hear about experiences of the exchange programme, the insight it gives, and the networking opportunities it has created.
This event is for those that will benefit from an overview of costing in the NHS or those new to costing and will cover why we cost and the processes.
This forum will cover a range of hot topics including productivity, efficiency, and waste reduction through keynotes and best practice case studies.
A delegate-led event tackling specific technical costing challenges and discussing some of the practicalities of implementing the costing standards.
On-demand events
This event is for those that will benefit from an overview of costing in the NHS or those new to costing and covers why we cost and the processes.
This session will delve into the East of England's regional approach to the productivity challenge.
Two mental health trusts share details of their dashboard development showing examples of their own dashboards and how they are being used.
GOSH finance team are on a mission to make their department the best NHS's finance team through innovative training and development initiatives
This one day forum aims to address key healthcare topics through keynotes and case studies.
Join the HFMA Academy team for an informative webinar covering the benefits of studying an HFMA qualification in healthcare business and finance.
Join the HFMA Academy team for an informative webinar covering the benefits of studying an HFMA qualification in healthcare business and finance.
This session will give attendees practical ways that they can focus on quality in order to improve outcomes and reduce costs.
Welcome to an exclusive HFMA lunch and learn session spotlighting the success story of the finance team at Oxford University Hospitals NHS Foundation
Leading change and bringing your people with you lunch and learn hosted by Tom Flatau, Neuroscience
The session will give an overview of RPA, including a look at how it works and the benefits of having ‘bots’ helping your finance processes.
Sofiya is a Finance Assistant at NELFT and is passionate about making the apprenticeship process a success not only for herself but everyone
Healthcare Costing for Value Institute
Find out more about our Institute network, dedicated to costing and value in healthcare.