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1/10 On Friday, we published the third in our annual report series looking at the provider sector finance/performance task for year ahead. It’s important, as the year starts, to get a sense of what the task looks like and its deliverability. Report here: nhsproviders.org/the-task-for-p…
2/10 @NHSImprovement and @NHSEngland have worked hard to create a more deliverable provider financial sector task in 2019/20, using the first year of increased NHS funding and a new financial architecture. But will it work? See our report: nhsproviders.org/the-task-for-p…
3/10 Our new report published on Friday looks at initial provider sector reactions to their 2019/20 control totals - good first indication of how deliverable the 2019/20 financial task is. Good news is that significantly more will accept their control totals than last year.
4/10 Trusts measure difficulty of their forward financial task by the scale of cost improvement programme (CIP) savings they need to make in the forthcoming year. Our new report shows average 2019/20 CIP savings is 3.6%, much better than last year’s 5%. nhsproviders.org/the-task-for-p…
5/10 Our new report on the 2019/20 provider task also shows that there are many more providers with a projected 2019/20 CIP savings requirement of less than 3%. Most trusts saying their 2019/20 financial task definitely looks more realistic/deliverable than recent years. Hurrah!
6/10 Our new report on 2019/20 provider task flags two important notes of caution. First, @NHSEngland, @NHSImprovement & @DHSCgovuk must meet commitment to fully fund community service providers’ agenda 4 change pay rise costs or we will have more trusts in deficit than needed.
7/10 Our new report on 2019/20 provider task also flags that there are too many trusts arguing that their 2019/20 financial task is just as difficult as in the past and more difficult than others of a similar ilk / more difficult than expected.....
8/10 @NHSImprovement arguing that trusts with tougher than expected 2019/20 financial task have failed to realise sufficient 2018/19 recurrent savings. Trusts argue adverse impact of series of micro change to financial architecture. Needs quick deep dive! hsj.co.uk/finance-and-ef…
9/10 Difficult to assess deliverability of 2019/20 provider performance task as A&E and RTT targets currently largely on hold due to Standards Review. Providers still need clear, costed and fully funded, workforce planned, recovery trajectory as soon as possible.
10/10 Overall impression of 2019/20 provider task. A lot of lost financial / performance ground to recover. There’s a sensible framework to start recovering finances in 2019/20 but it’s only a start...and rest of the long term plan to deliver. Long hard slog in prospect!
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