Delivering savings to close the funding gap

access to finance

The Five Year Forward View sets the ambitious target of the NHS delivering £22 billion in savings a year by 2020/21, which would represent unprecedented productivity improvement in the next five years. 

Lord Carter’s review of operational productivity in NHS providers has identified some areas of savings, yet it is clear the savings approach in this parliament will rest more on allocative efficiencies. This requires a focus on effective commissioning and long-term, strategic planning for transformation.

What we're doing 

  • We're working with national bodies to bring our members together around developing a plan for delivering savings in this Parliament. This is being undertaken in partnership with a number of other national organisations, such as the Local Government Association and National Voices.
  • We are working to support the national bodies to develop and implement a new success regime, which will be key to improving sustainability in areas with significant financial challenges. This work supports the work we did to improve the trust special administrator process and direct engagement we are having with financially challenged organisations to understand how we might support them with the issues they face.
  • We are hosting roundtables on efficiency with NHS Providers to offer members a chance of discussing the challenges they face with Lord Prior, Minister for Productivity, and the Department of Health.
  • We hosted a major conference on procurement with key speakers, including Lord Carter. This focused on how our members are working together to make savings by working together and making the most of their collective purchasing power.

You may have missed

Our briefing for MPs ahead of the Lord’s debate on the sustainability of the NHS as a service free at the point of need, which took place on 9 July 2015.

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Navigate the UK's healthcare ecosystem and bring innovation to the NHS | Raj Purewal

15 / 3 / 2019 9.55am

Working together to find new ways to deliver innovative care in the NHS is imperative, and international healthcare innovators could offer real opportunities to provide innovative solutions or technologies. The issue for most of these innovators though, reports Raj Purewal, business development and partnerships director at TRUSTECH is that they do not know where to begin to access the market.

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