CASE STUDY NHS The changing role of NHS finance is high on the agenda for Trusts as they embrace the mendations of the sector’s Future-Focused Finance initiative. Working with the NHS to deliver future-focused finance Future-Focused Finance is a five-year plan designed to protect the quality and consistency of front-line care as healthcare providers try to cope with growing patient numbers, by encouraging more strategic use of resources. To fulfil future-focused finance mendations, Trusts need to: > Develop more accurate planning and forecasting - by collaborating more directly with frontline teams and building a real-time view of budget performance > Devolve more responsibility for spend management to clinicians and other front- line teams, so that they can see the impact of their decisions > Free up Finance teams’ time to use proactively helping clinicians and administrators more effectively manage spending > Balance historical spending with current/ evolving requirements, and draw on peer parisons - to ensure that budgets are fit for purpose and efficiencies are maximised > Create new flexibility in staffing, via accurate planning and real-time monitoring and resource reallocation - to ensure safe and cost effective staffing levels without over- dependency on agency nurses. How we can help As a specialist in finance IT consultancy and software solut
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