Mark Wayne’s Post

NHS Confederation: Unlocking Reform and Financial Sustainability In response to the Hewitt Review's recommendation to explore alternative payment mechanisms within the healthcare system, @Edward Jones, Skeena Williamson, and @Jonathan Barron have developed a fascinating discussion paper which examines international and domestic examples to inform future policy-making endeavours and facilitate the seamless integration of healthcare services. The current landscape of financial flows in the NHS is fragmented, which impedes collaboration across primary care, community care, and hospital care sectors, and inhibits the ambition of joined-up care. The paper underscores the importance of financial alignment in ensuring equitable distribution of investments and benefits across system partners. Payment mechanisms can serve as a linchpin for driving transformative shifts in service delivery and incentivising proactive, preventative interventions. This is pivotal for enhancing health outcomes and ensuring the long-term financial sustainability of the healthcare ecosystem. The paper identifies three strategic considerations which could be key to unlocking productivity in the NHS: 1️⃣ Now: Leverage existing flexibility within the NHS Payment Scheme to pilot localised initiatives, such as West Yorkshire's block payments, coupled with incentive structures aimed at reducing elective care waiting times. 2️⃣ Next: Develop outcome-driven, pathway-based payments, beginning with tailored pathways for elderly and frail care to prevent hospital admissions. 3️⃣ In the future: Advocate for the adoption of risk-weighted, capitated payment models for NHS services in England, drawing insights from international exemplars like OptiMedis in Germany and ChenMed in the USA. Click the link below to read the paper in full. #nhsengland #productivity #servicedelivery #financialsustainability https://lnkd.in/g8Y9JFcz

Major NHS Funding Announcement 10 Key Takeaways ↓ The recent Budget announcement of billions in additional funding for the NHS has sparked a crucial debate. Investment without a clear path forward. Here’s what you need to know: 1️⃣ Significant Funding Boost The UK government is injecting an extra £22.6bn into the NHS over two years for day-to-day operations, with £3.1bn allocated for capital spending. 2️⃣ Emphasis on Reform Investment should come with reform. With the current Health Secretary highlighting that value for money is essential to ensure taxpayers’ contributions are used effectively. 3️⃣ Commitment to Patients & Taxpayers We owe it to patients to deliver great care and crucially to taxpayers to deliver value for money. 4️⃣ Efficiency Targets The NHS must deliver 2% efficiency savings next year, though past attempts at similar targets have had mixed success. 5️⃣ Concerns Over Capital Spending Experts question whether the capital budget increase will deliver immediate benefits, warning of potential delays and funds being redirected to operational expenses. 6️⃣ Awaiting Long-Term Plans A 10-year strategy to shift care to the community and embrace digital solutions is anticipated in the spring, leaving uncertainty on the future direction. 7️⃣ Challenge and Historical Precedents Achieving ambitious targets, like those set by previous governments, remains difficult. Balancing strict performance goals with broader preventative care aims will be key. 8️⃣ Immediate Operational Needs Much of the announced funding is essential for maintaining current services, rather than enabling transformative change. 9️⃣ Assurances of Reform-Linked Investment Government officials promise more detailed plans soon, prioritizing reduced waiting times and increased tech investments for productivity. 1️⃣0️⃣ The Road Ahead for the NHS This is critical. With substantial taxpayer investments at stake, the question remains: will this funding translate to meaningful reform and improved patient care? ⬇️ Your thoughts on how the NHS should navigate these challenges? Let’s discuss. Add your comments below. #Healthcare #DigitalHealth #Funding #LifeSciences #MedTech #NHS #PatientCare #StayLeftShiftLeft10x

Hear from our experts! In case you missed it, we have launched our new Insights and Events Page on our website - https://lnkd.in/eVvpNjwk Hear from our Telecoms expert, Melanie Dickson, about how we can conduct a specialist review of your NHS telecoms arrangement and deliver an average saving of 20% against your current spend. Also, our VAT expert, Kenny Lee, explains how to ensure your NHS organisation is maximising your VAT recovery and compliance. Don’t miss out on the latest industry insights from our experts with over 35 years of collaboration with 3/4 of NHS organisations. #NHSPartners #NHSInsights #NHSEvents #NHSExperts #InsightsandEvents #Healthcare #SocialCare #ICS #IntegratedCareSystems

The business of general practice drops 8th October ⬇️ A huge thank you goes out to Natasha Roxborough for her help with this 🙏🏾. 📊 For those new to primary care, understanding the contractual framework and funding mechanisms is critical to navigating the sector effectively. 💰 This essential guide provides a comprehensive overview of NHS GP contracts and funding flows in primary care, highlighting the importance of PCN (Primary Care Network) income for practices. 📑 From understanding the three main types of NHS GP contracts to exploring supplementary contracts and various income streams available to general practices, this guide equips you with the foundational knowledge needed to make informed decisions and maximise financial opportunities in the evolving landscape of primary care. ↕️ Practices have a lot to juggle, and depending on a multitude of factors, your PCN will either be seen as a significant help or a major hindrance to practices. ⚖️ While many will argue the focus should be on the patient. In order to do this successfully both practices and primary care networks need a stable financial infrastructure to enable this. The more you understand, the more you will appreciate the complexity we work within. #primarycarenetworks #PCNManager Tara Humphrey, MBA

Since the enactment of the Affordable Care Act, the federal and state governments have sought to shift the cost of healthcare to patients in the hope that patients would be more mindful of healthcare choices if they were subject to the costs of those choices. As a result, many health plans, particularly those marketed on the Exchanges, have offered high deductible health plans. For many Americans, these are the only health plans that are affordable. Now, faced with medical debt that is the direct result of the policy shift to high deductible plans, the California Legislature has shifted the financial responsibility to healthcare providers, instead imposing further strains on an already financially impacted healthcare delivery system. Unlike the Exchanges, where the federal government provides financial subsidies to ensure that health plans are made whole for offering products to those with limited financial means, these new financial assistance and debt collection laws impose new financial obligations on hospitals and other healthcare providers without providing alternative funding sources or subsidies to offset these costs. More at this post ICYMI: https://lnkd.in/gECqcSjq

I don't do politics (on LinkedIn) so this Thursday I'll share be sharing 30 mins of factual information about the potential opportunities for overseas companies to enter the UK healthcare market; something I first became involved with in 2015. How has the UK healthcare market changed? Brexit aside, it's well known that NHS waiting lists have grown (affecting 1 in 7 of the population). What is perhaps less obvious is recent private equity activity in UK healthcare, the size of the private market, growing pay out of pocket and the level of investment in #digitalhealth companies. I'll also share some unique insights that are the result of first hand experience, unavailable elsewhere (which could be valuable for UK companies too). Entering the UK Healthcare Market Event by DHV-NET (The Digital Health Virtual Network) Thu, Mar 28, 2024, 3:00 PM - 3:30 PM CET https://lnkd.in/etwV-jZ7 #healthcare #digitalhealth #gtmstrategy

It's difficult to fully appreciate the complexity of a primary care network without taking a closer look at the business of general practice.⬇️ This 28-page guide breaks down the three main types of NHS GP contracts, supplementary contracts, and various income streams available to general practices. #primarycarenetwork #PCNManager

Excellent to see the publication of the report 'NHS and life sciences industry partnerships: collaborating to improve care' by The King's Fund. The report does a great job of underscoring the potential of collaborative efforts between the NHS and the life sciences sector to transform patient care and drive economic growth. The UK has a robust and flourishing life sciences sector, but its full potential to enhance patient care has yet to be fully realized. At AstraZeneca, we believe in forming ambitious, purpose-led partnerships with the government, the NHS, and academia to transform outcomes at the population level and to continue developing the UK as a global life sciences powerhouse. Our collaborative project to improve asthma care in Greater Manchester – one of the 700 partnerships we have across the UK – is called out in the report and exemplifies our commitment to this type of work. As we enter the last couple of weeks of the 10 year plan consultation, we join The King's Fund in calling for the government and NHS to set out clear support for NHS–industry partnerships and work with us to make partnerships more straightforward, and ensure that the impact of these partnerships is robustly evaluated and transparently communicated. As I said in response to the NHS Confed and ABPI report on effective NHS-industry partnerships, published earlier this year, by being ambitious in the way we work together to accelerate meaningful changes we can address the healthcare challenges we face today and in the future, to create enduring value for patients and society. #collaboration #transformingcare #lifesciences #industry”

📢 Oct 1st Funding Changes Are Coming! Is Your Organisation Prepared?   With the upcoming AN-ACC pricing and care minute changes set to take effect on October 1st, many aged care facilities are left wondering how these shifts will impact their funding and resource allocation.   Are you equipped to navigate the new pricing structure and its impact on your organisation’s financial stability?   At Health Generation, we know the challenges aged care providers face with these upcoming changes. That’s why we’re here to help take the burden off your team and ensure you’re fully prepared.   We’re offering a complimentary impact assessment that includes: ✅ A comprehensive funding and care minute impact report ✅ In-depth analysis of your current funding status ✅ Detailed breakdown of the new AN-ACC pricing structure ✅ Key change information and infographics to guide your team   This free, no-obligation offer is designed to help you adapt quickly and maintain financial stability. Don't wait until it's too late!   Click link to learn more and secure your complimentary assessment today: https://lnkd.in/gc4gV5Aq   #AgedCare #ANACC #AgedCareFunding #HealthcareConsulting #FinancialStability #HealthGen

Next week #teamEmbridge are attending Public Finance Live, we are looking forward to the talk on building resilience in the public sector. 🎤 Demand is high for innovative solutions to allocate resources effectively, at Embridge we provide these solutions as well as being on hand for help and support every step of the way. 💗 With speakers from the health foundation to the NHS, it will be interesting to hear their take on innovation within the public sector. 🎤 Will you be there? Come over to stand 8 for a chat! 💗 #PublicFinanceLive24 #PublicSector #Finance