Magazine article Public Finance

KPMG Team Finds £338M of Savings at Crisis Trusts

Magazine article Public Finance

KPMG Team Finds £338M of Savings at Crisis Trusts

Article excerpt

A private sector turnaround team has identified savings worth more than £338m in 23 of the most financially troubled NHS organisations.

Partners from KPMG, the firm contracted by the Department of Health to provide external support to the NHS bodies with the greatest financial problems, told the health finance conference that many of the trusts they visited had failed to address fundamental areas where savings could be made.

The savings identified - in areas such as procurement of supplies and back-office functions - would wipe out much of last year's aggregate deficit of £500m.

Andrew Hine, KPMG health advisory services partner, added there were opportunities to increase productivity at clinical level.

'In one trust we found inpatients waiting five or six days for an MRI scan and the same amount of time again for the results. …

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