Clinical Engagement with Finance: Now more than ever!

Main Article Content

Kshiteeja Naik
Akeeban Maheswaran

Keywords

Healthcare Finance, Value, COVID-19, NHS, Clinical engagement, Payment systems

Abstract

The COVID-19 pandemic has affected all aspects of healthcare. The NHS has had to manoeuvre faster than ever before, which is remarkable for a huge organisation known to advance slowly and steadily. The adaptations have had both positive and negative impacts. There were also funding changes, in the form of temporary contractual arrangements. As the NHS plans for the future, an opportunity has arisen to fundamentally change the NHS funding structure.


This article will describe the effect of COVID-19 on healthcare finance, the challenges in developing a new payment structure, and the role that clinicians can play in helping shape funding arrangements in the future.

Abstract 183 | pdf Downloads 65 xml Downloads 3

References

NHS. The NHS long term plan. 2019. https://www.longtermplan.nhs.uk/
Charlesworth A, Johnson P. (eds). Securing the future: funding health and social care to the 2030s. London: The Institute for Fiscal Studies, 2018. www.ifs.org.uk/uploads/R143.pdf https://doi.org/10.1920/re.ifs.2019.0143
Department of Health, “Effective Clinical and Financial Engagement, A best practice guide for the NHS” 2003, HM Stationary Office
Future Focused Finance, “Engagement, Value, Outcome (EVO)”, 2020 https://www.futurefocusedfinance.nhs.uk/evo