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Is £8bn of additional funding for the NHS enough to meet financial needs? NHS Confederation Annual Conference 2015 Interim Partners

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Page 1: Interim Partners NHS Confederation Poll Results

Is £8bn of additional funding for the NHS enough to meet financial needs?

NHS Confederation Annual Conference 2015Interim Partners

Page 2: Interim Partners NHS Confederation Poll Results

As the leading provider of interim managers, Interim Partners exhibited at the NHS Confederation Annual

Conference 2015.

It was fantastic to be part of the event and a great opportunity for us to see familiar faces and meet new ones. Funding and efficiency savings were prominent topics of conversation during the conference. In the run up to the election, the Conservatives gave their support to a plan by NHS England Chief Executive Simon Stevens to fill a funding gap estimated at £30bn a year by 2020. David Cameron “committed to a pre-election pledge to increase budgets by at least £8bn a year by 2020, during his speech at a GP surgery in the West Midlands” (BBC, 18/05/2015). The PM then reconfirmed his intentions to boost NHS funding in his post-election speech. Health Secretary Jeremy Hunt told the Conference that while

the government was giving the health service an extra £8bn by 2020 it would still need to find £22bn in “efficiency savings”. Stimulated by this turn of affairs, Interim Partners’ Healthcare team were keen to explore the topic and gauge the audience’s reaction to this opinion. We asked the delegates of the confederation to answer the following question: Is £8bn of additional funding for the NHS enough to meet financial needs? We analysed the results and have highlighted our findings on the following page.

Is £8bn of additional funding for the NHS enough to meet financial needs?

The vast majority of poll respondents (72%) believe that the additional funding proposed by the government will not be enough to meet the financial needs of the NHS. This divide is less pronounced in male respondents, with 40% agreeing that £8bn would be enough.

Congratulations to our winner, Paula Swann, who will be receiving a magnum of Bollinger champagne. We were inundated with responses, and will also be awarding additional prizes for runners up.

n In 2014-15 the provider sector overall delivered a deficit of £822m

n 80% of trusts have forecast they will end 2015-16 in the red

n Trusts in the Midlands and East together predict the largest year– end net deficit of £724.4m

n Northern trusts face a net deficit of £543.6m

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Page 3: Interim Partners NHS Confederation Poll Results

When the NHS was launched in 1948, it had a budget of £437 million (roughly £9 billion at today’s value). For 2015/16, it is around £115.4 billion.

“Yes, if we are smarter at design and realistic about its outcomes” Head of Organisation Development, CCG

28% believe it is...

40% of men agree £8bn is enough

“£8bn of additional funding for the NHS enough to meet financial needs”

72%don’tagree that...

“No, it’s not enough unless we manage consumer expectations and move away from current dependency level towards self management.”Director of Finance, Provider Trust

“It’s not about the money, it’s about how we use it!”Associate Partner, CSU

64% of CEO’s don’t think that the proposed sum will be enough to help NHS finances...

...while 36% said it is.

61%61% of those who believe £8bn funding increase would be sufficient to aid the NHS come from the South of the UK.

70% of those who don’t agree that £8bn per year is enough are female healthcare professionals.

73% of NHS managers disagree, compared to only 63% of clinicians.

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Page 4: Interim Partners NHS Confederation Poll Results

Since 2003, we have grown to be one of the leading players within Interim Management.

As thought leaders in our field, we do this by consulting to understand your needs, helping you weigh up the options and then recommend and provide the highest calibre interim managers. Our unparalleled network of interim executives has grown primarily through referral and recommendation. Interim Partners interims have specialist knowledge, breadth and depth of experience and a track record

of successfully driving NHS organisations forward. We place individuals and teams and evaluate the impact they make. We enable success. Using our proprietary ROI (Return on Interim) tool, we can measure the impact of the interim managers that we work with.

We place a significant emphasis on developing our NHS network and meeting new people. If you would like to speak directly to a member of the healthcare practice, please see our contact details below.

Interim Partners helps NHS organisations manage turnarounds, drive change, deliver projects or programmes and execute successful transformations. We also provide resource on a ‘gap fill’ basis.

About us

Annaliese RogersPrincipalCommissioning & Commissioning Support

07876 832 8290207 936 [email protected]@InterimAR

Claire CarterPrincipalAcute, Community & Mental Health Providers

07785 610 9000207 936 [email protected]@InterimCarter

David RasonConsultantHealthcare Finance

07876 832 6730207 936 [email protected]@rason_d

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Page 5: Interim Partners NHS Confederation Poll Results

ROI (Return on Interim)

Introducing ROI, our new cloud-based performance management system

Return on Interim (ROI) is our cloud-based performance management and timesheet system. It measures the performance of Executive Interim Managers to demonstrate value to our clients.

We’ve optimised it across smartphone, tablet and desktop, so you can access it wherever and whenever you like. Too many providers focus on skills and experience, and yet have little understanding of a client’s goals and desired outcomes.

We understand that identification of an interim manager is only the first stage of a journey. We agree the key objectives, assessing and understanding the value of those objectives. ROI tracks milestones and measures performance to ensure a positive outcome for you. On completion of assignment we review the impact. We assess performance against objectives, knowledge transfer and assignment outcomes - all to measure the Return on Interim.

Measure performancen Full visibility and benchmarking of interim

manager performance

Speed and easen Quick and easy access – cloud-based system

with integrated timesheets, optimised across desktop, tablet and mobile

Greater visibilityn View tenure, availability, performance, get

notifications as assignments near end

Better decisionsn Identify and redeploy top performers and roll-off

weaker ones using real-time data presented in a highly visual, easy-to-digest way

Return on investmentn Measure the value of interim managers in

relation to their cost

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Page 6: Interim Partners NHS Confederation Poll Results

[email protected] Office: 020 7936 2865Harrogate Office: 01423 531022