2nd NHS Productivity Congress: Funding and Efficiency

In May 2019, the Convenzis Group will be bringing you a highly informative 1-day congress that will discuss the current plans being implemented across the NHS to help adhere to growing staff pressure and further funding cuts across the healthcare service.

The evidence from multiple sources suggests three truths:

• Overall, the NHS is one of the world’s most efficient health care systems. Substantially more cost effective than other advanced European countries such as France, Germany, Sweden or Switzerland, for example, Germany spend 30 per cent more per person on health care than the UK. Also, since 2010 the NHS has been increasing its productivity faster than the rest of the UK economy.
• As the Office for Budgetary Responsibility has projected in their latest Fiscal Sustainability Report. Notwithstanding any action to address future cost pressures, health spending is likely to rise significantly as a proportion of GDP over the coming decades. As a result of demographic pressures but also growing technology costs and increasing demand.
• However, despite those two truths. Also, the is still substantial opportunities to cut waste and increase efficiency in the NHS, just as there are in every other country’s health care system. In a tax-funded health service, every pound of waste saved is a pound that can be reinvested in new treatments and better care for the people of England. With 2017/18 funding fixed, substantial efficiencies are needed to create funding headroom over and above that.

Most annual efficiency gains will continue to be delivered locally taking account of the specific opportunities in different areas and organisations. For example improving staff retention, reducing sickness absence and implementing staff rostering systems.

Join us in May to get involved and have your say on the changes needed to ensure we are all working towards a fully sustainable healthcare service.

*Research sources: NHS England

Website: https://www.convenzis.co.uk/events/nhs-productivity-london-2019/