CCGs plan investment in services close to home to cut costs

Three quarters of CCG chief finance officers plan to invest in community health services to tackle rising NHS cost pressures, a poll reveals.

Funding: CCGs to invest in community-based services to cut costs (Photo: JH Lancy)

More than a third of financial chiefs (39%) thought their organisation's year-end financial position would be worse than last year's, the Healthcare Financial Management Association (HFMA) poll found.

The poll - the HFMA's second 'NHS financial temperature check' found that a similar proportion of these senior executives felt their organisation would be in worse shape financially at the end of 2014/15 than they had predicted in April.

The HFMA panel, which included 64 CCG finance leads (30% of respondents), identified continuing health costs and emergency care costs as the biggest pressure on costs. While 75% of CCG finance leads said they were turning to community services to cut costs, 87% of hospital trust finance directors were looking to make urgent agency staff cost savings.

NHS to maintain quality

Across all NHS bodies, 94% of finance chiefs expected the quality of NHS services to hold up next year despite the financial pressures.

The HFMA made four demands on government to ensure that the NHS remained clinically, financially and operationally sustainable. It called for more funding to help transform the NHS, urgent action to improve national workforce planning and training, a payment system that can support new models of care, and faster progress on large transformation systems.

The HFMA snapshot also revealed that CCG finance directors were confident that the Better Care Fund will improve services to patients over time. Although only 13 per cent expected a better service in the Fund’s first year, 86 per cent thought the service would be improved after three years. And 69 per cent of CCG financial officers reported that they had other plans for integrating services in addition to the Better Care Fund plans.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins


Already registered?

Sign in

Just published

Young doctor

BMA poll could see 'demeaning' junior doctor title ditched

The BMA could drop the term 'junior doctor' in favour of 'resident doctor' to better...

Houses of parliament

Tory peer calls PA fears 'Luddism' and claims most GP visits 'incredibly straightforward'

Most GP appointments are 'incredibly straightforward' and fears over a wider role...

UK money

NHS pension contribution overhaul to go ahead from April

Changes to NHS pension contribution rates, which will see the top earners required...

BMA sign

BMA warns £800m lost from GP contract since 2019 as last-ditch talks continue

BMA negotiators remain in talks over an improved GP contract offer for 2024/25 just...

GP consultation

GPs still under pressure to prescribe black triangle drug inclisiran

GPs are continuing to face pressure to prescribe the black triangle drug inclisiran...

BMA chair Professor Phil Banfield

Lords urged to block legislation for GMC to regulate PAs

The BMA has urged peers to block legislation that would make the GMC responsible...