Navigation Links
Hospitals May Face Funds Crunch

Patricia Hewitt, the Health Secretary of the UK has imposed a review with regard to the country’s largest hospital rebuilding project. //This move has raised doubts as to whether the private finance initiative (PFI) of the Labor Government aimed at modernizing the NHS will be put into operation.

The financial viability and the purpose to be served by the £1 billion plan has been questioned by Ms Hewitt. The original plan involved the rebuilding of the St Bartholemew and the Royal London hospitals. The hospitals in the country are experiencing difficulties with regard to the large annual costs while servicing 25 years to 40 years PFI deals. The guaranteed incomes of the hospitals are also in doubt as a result of the new payment-by-results policy.

The larger the PFI schemes, the greater will be the financial burden, according to Professor Chris Ham of the Birmingham University. The NHS Trust insists that the project is a viable one in spite of Ms. Hewitt’s reservations. The PFI programmes are being reviewed to ensure that there is value for money, which does not mean that PFI hospital projects are being frozen. The scale of the debts that the trusts will run into has been questioned by the Commons Public Accounts Committee in the country. The Queen Elizabeth Hospital Trust is already reported to be technically insolvent as a result of its debts. The country’s community hospitals provide better services than its mega-general hospitals, according to reliable sources.

Construction firms like the Skanska AB in the UK will also be affected as a result of the doubts expressed by the Health Department. The PFI deals will also be affected by the 'payment by results' system. A spokesman from the Health Department has confirmed that the hospital PFI projects are not being frozen.

'"/>




Page: 1

Related medicine news :

1. Apollo Hospitals to consider listing on US Bourses in 2003
2. Apollo Hospitals Collaborates With Histostem For Stem Cell Therapy
3. Indian Hospitals – A Destination For Quality Medical Care
4. Researchers Begin Study To Find Out If Angioplasty Can Be Safely Done In Smaller Hospitals
5. Quality Awareness In Hospitals Can Reduce Mortality Rate Of Patients
6. First PET-CT guided radiotherapy in India was performed by Apollo Hospitals
7. Delhi Government To Interlink All Major Hospitals Through e-Governance
8. Global Hospitals coming to city of Joy
9. Indias Hospitals Among The Best, Says Renuka Chowdhury
10. Apollo Hospitals Short-listed to Provide Diagnostics in the UK
11. Apollo Hospitals to invest Rs 350 cr to add 1,800 beds
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:1/14/2019)... ... 14, 2019 , ... Trees can be overweight too! Giroud Tree and ... and winter is a great time to clean things up on the property! , ... damage, especially during windy or icy storms. The crown of the tree should be ...
(Date:1/13/2019)... ... 2019 , ... New Vitae Wellness and Recovery is proud ... community, providing a variety of residential behavioral health and outpatient services. , “We ... and owner Adam Devlin. “We are continuing to build recovery communities and ...
(Date:1/11/2019)... ... ... In Partnership with the Smiles for Everyone Foundation , Monarch Dental ... TX office on February 9. , Dental services provided include same-day procedures such ... For more information, please visit the Monarch Dental website . , About Monarch ...
(Date:1/11/2019)... ... January 11, 2019 , ... Women’s Excellence specializes in ... tissue, relieve pain, and help restore fertility. , Endometriosis is a disease in ... typically grows on the ovaries, fallopian tubes, and the inner lining of the ...
(Date:1/10/2019)... ... 10, 2019 , ... The Karis Group, an Austin, Texas based company, announced ... Executive Officer effective immediately. Mr. Jiwa succeeds the past Chief Executive Officer, Mike ... The transition was announced as part of an orderly succession plan and transition of ...
Breaking Medicine News(10 mins):
(Date:1/21/2019)... ... January 21, 2019 , ... Why do people spend countless hours ... Ruminating and Worry Work and What to Do to Overcome Them” (published by AuthorHouse ... nights, and provides the tools to stop overthinking. , “So many of us ...
(Date:1/20/2019)... ... 2019 , ... Shady Grove Fertility (SGF), a ... to patient care by adding more locations and new physicians across the Mid-Atlantic ... improved their flagship financial guarantee program— Shared Risk 100% Refund Program —that has ...
(Date:1/15/2019)... (PRWEB) , ... January 15, ... ... leading provider of background screening, compliance and credentialing solutions, announces it was ... and risk management solutions. Cisive caters to the complex challenges and program ...
Breaking Medicine Technology: