New service helps NHS play bigger role in local economies

access to finance

The NHS Confederation has launched a new service to help NHS organisations understand and influence local economic strategies.

By doing so, NHS organisations can open themselves up to exciting new organisations, people and funding sources that can help with achieving their aims. 

Growth adviser

The Confederation has appointed an NHS local growth adviser – the first such role in the country – to work with members and support local health economies to maximise their reach and potential. The adviser, Michael Wood, will work at both national and local level:

  • Nationally, he will work with government and public, private and third sector representative bodies to demonstrate and champion the NHS’ role in bringing greater regional economic prosperity and to influence future policy. 
  • Locally, he will directly support individual NHS organisations to link with their local leaders of growth to understand, develop and build a common agenda, potentially bringing significant external revenues and benefits in local service design and delivery.  

He will help the NHS work with local enterprise partnerships (LEPs), which have access to a range of funding sources directed by government, including City Deals, European Structural and Investment Funds and the Local Growth Fund.

Influencing local strategies

“By cultivating a deeper understanding of how health plays a vital role in the local economy, the NHS can maximise new opportunities to secure the investment needed to make the Five Year Forward View a reality,” wrote Michael in a recent piece for the Health Service Journal.  

View the article for five ways the NHS can influence local growth strategies: 'It pays to behave like an investment partner'.

Get in touch

Get in touch with Michael to find out more, and to start building and deepening relationships with your local leaders of growth.

Discover more about this new services in the Growling local economies web section.

Why Register?

Great reasons to register with NHS Confederation

  • Access exclusive resources¬†
    Access member-only resources and tailor member benefits and services
  • Personalise your website
    Select topics of interest for recommended content
  • Comment and recommend
    Rate and share content with colleagues
  • Never miss a thing
    Register now to keep your finger on the pulse of the NHS Confederation

Log In

To book events and access member only content you need to register with us.  This only takes a moment via our registration page. If you have already registered login using your email address and password below.