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Big NHS cost savings can come only after major transformation, finance directors say

BMJ 2014; 348 doi: http://dx.doi.org/10.1136/bmj.g4246 (Published 24 June 2014) Cite this as: BMJ 2014;348:g4246
  1. Matthew Limb
  1. 1London

The NHS is nearing the end of the road for making obvious costs savings, and larger gains would require major service transformations, a survey of finance directors has shown.

The poll by the Healthcare Financial Management Association found rising “pessimism” among finance directors about their organisations’ ability to meet targets set out in financial plans. The association said that more and more trusts were reporting deficits and that real savings would be harder to come by in future years, although it was encouraged by the fact that finance directors did not see service …

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