Clinical Engagement with Finance: Now more than ever!
Main Article Content
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.
References
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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