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:3/1/2017)... ... March 01, 2017 , ... Award-winning medical group Allied Anesthesia today announced that, ... underdeveloped nations, averaging more than one trip per year since 1998. Char was named ... features the details of his charitable work. Char has been an Allied Anesthesiologist ...
(Date:3/1/2017)... ... March 01, 2017 , ... ... increase colorectal cancer screening rates by supporting the 80% by 2018 initiative, led ... (CDC) and the National Colorectal Cancer Roundtable (an organization co-founded by ACS and ...
(Date:3/1/2017)... Greenwich, CT (PRWEB) , ... March 01, 2017 , ... ... in the winter months when people don’t want to stop training to brave the ... and setting the treadmill to a small incline can help protect these vulnerable joints, ...
(Date:3/1/2017)... ... ... is Comfort for the Soul”: a loving account of a very special dog, the ... soul-healing comfort provided by God’s presence in the face of deep sorrow. “There is ... dog-loving medical professional whose work takes her to remote areas in the American Northwest, ...
(Date:3/1/2017)... ... March 01, 2017 , ... ... in the lives of those who hear His voice. “Cleansing Thoughts; Glimpses from ... Christian bookstore proprietor who enjoys boating, gardening and crocheting baby items to donate ...
Breaking Medicine News(10 mins):
(Date:3/1/2017)... -- The Board of Directors of J M Smith Corporation ... new CEO and Chairman of the Board, effective March ... CEO William R. Cobb .  Turfe was selected ... a wealth of experience in the life sciences, medical ... a pool of incredibly qualified candidates, Alan demonstrated the ...
(Date:3/1/2017)... 1, 2017 Lo stesso sistema sara, visibile nello stand ... Paramed Medical Systems sta installando la settima unità MROpen in Gran ... nuovo centro dell,European Scanning Center (ESC) a Cardiff. ESC attualmente gestisce altri due ... Continue Reading ... ...
(Date:2/28/2017)... Prefilled Syringes Market: Scope and Segmentation ... This report provides a forecast and analysis of ... regional levels. It provides historical data of 2015 ... terms of revenue (US$ Mn) and volume (Bn ... with an outlook on prefilled syringes consumption globally. ...
Breaking Medicine Technology: