Over the last 8 to 10 years, Financial Recovery in the NHS has been a critical balancing factor in providing the best value services. Regardless, it has had an adverse reputation as being ‘too money focused’, ‘brash cost-cutting/ not sustainable ’, and ‘not patient or staff centric’.
While in many cases this may be true, the potential £6bn overspend (as recently reported by the #HSJ) suggests that Financial Recovery in the NHS is here to stay - but requires reinventing to be ‘outcomes focused’, ‘sustainable’ and ‘patient/ staff centric’. The question has to be asked - could we do this differently?
??Enter our CQI enabled Financial Recovery solution!
So, what is it??
??A robust problem solving approach that is obsessed with data-driven understanding of the real root-causes of wicked problems alongside traditional benchmarking
??A rapid approach to design and testing solutions to ‘move the dial’ at pace in key areas using PDSA or ‘Test for Change’ methodologies to ensure outcomes are clinically, operationally and financially viable
???? An inclusive approach where front-line staff own the change and hence feel more involved and consulted, thus increasing chances of adoption and longevity
So, if you want to see different results, do things differently??
Interested? Read more about CQI enabled Financial Recovery by my colleague Nim Chandran below and feel free to reach out for a conversation ??
Beccy Fenton Jason Parker Michael Allen Jenny Panes Russell Jewell Robert Arthur James Devine FCIPD Anup Rughani Phil Lobb Christopher Beirne Garth Gillham Ankur Gupta Emad Maqbool, CFA, FCCA Amy Grant Ambreen Khan Suhaib Motala Adrian Umradia-Olsen Nicola Medici Bhanu Prabhakar KPMG UK Government and Public Services
Is your healthcare organisation tying financial improvement into its Continuous Quality Improvement approach? Our Director for CQI in Healthcare, Nim Chandran, shares evidence on the benefits of implementing CQI approaches and its contribution to alleviating financial pressures.
Read now: https://lnkd.in/eTRAnhhe