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Finance

Finance Home Coronavirus Finance Funding arrangements for bed and community care capacity in the hospice sector Information on the arrangements to fund hospices to support the response to the COVID-19 pandemic. Updated 15 December 2021. Changes to COVID-19 finance reporting and approval processes as we move into the second phase of the NHS response Guidance […]

NHS Trust placed in special measures for finance

The new national Recovery Support Programme (RSP), provided to all trusts and systems in segment 4 of the NHS System Oversight Framework (SOF 2021/22) was launched on 13 July 2021. The RSP replaces the former quality and finance special measures programmes and further information can be found on the RSP webpage. We have placed Barking, […]

Report on Barking, Havering and Redbridge University Hospitals NHS Trust

Today we have published an independent review we commissioned Deloitte to carry out of the effectiveness of board leadership and governance at Barking, Havering and Redbridge University Hospitals NHS Trust (BHRUT) in London. We placed the trust in special measures for finance in February 2018. Deloitte’s review has concluded that there were a number of […]

HFMA Health Inequality Finance Fellowship

The pilot Healthcare Financial Management Association (HFMA) Health Inequality Finance Fellowship programme launched in 2023. Over 40 fellows have been recruited for the 2023/24 programme. The fellowship provides an opportunity to harness the ambition of the finance community in supporting the health inequalities agenda while investing in finance staff who are passionate and already working […]

Financing arrangements that are novel, contentious or repercussive

This page forms part of a suite of guidance setting out the processes for reviewing and assuring complex change, including transactions between NHS trusts and foundation trusts. Scope of this guidance Reporting and risk assessment Assurance approach Decision-making Contact Scope of this guidance Where providers propose financing arrangements that we consider to be novel, contentious […]

Primary Medical Care Policy and Guidance Manual: Annex 2B – Commissioners and Finance Officers Guide to Tab 2 of Financial Model Template (FMT)

The Primary Medical Care Policy and Guidance Manual (PGM) provides commissioners of GP services with the context, information and tools to commission and manage GP contracts. This is Annex 2B – Commissioners and Finance Officers Guide to Tab 2 of Financial Model Template (FMT) within section 12: Premises Running Costs and Service Charges.

Finance and Payment Approach for ACOs

This paper covers:

  • the payment approach, comprised of three main elements:
    • the ‘integrated budget’ or single payment made to the new entity;
    • a ‘gain / loss share agreement’ to align financial incentives across health services provided for the population; and
    • the ‘Improvement Payment Scheme’ designed to incentivise improved outcomes
  • the structure of these three elements, and how they can be contracted for.

Strengthening Financial Performance and Accountability in 2016/17

This document sets out action to stabilise NHS finances in 2016/17, provides further detail on access to the Sustainability and Transformation Fund (STF) in 2016/17, outlines the proposed basis for assessing the financial performance of provider organisations and introduces new programmes of financial special measures for providers and commissioners that are unable to ensure sufficient financial discipline.