Please login to view this media

  • Talk
  • 23/09/2021
  • UK

How the Money Flows in a New World

Description

The transcript captures a detailed discussion led by Mike Reed and Martin Campbell regarding the upcoming financial strategies and payment arrangements related to the NHS for the fiscal year 2022-2023. It addresses several key topics intended to tackle the backlog caused by the COVID-19 pandemic, including the funding frameworks for elective recovery, the Elective Recovery Fund, and the transition from traditional payment systems to more collaborative models. Campbell outlines that the current emergency financial arrangements will continue, with a focus on stimulating activity to meet health service demands, specifically discussing how activity levels will relate to tariff payments and the significance of independent sector involvement. A substantial portion of the dialogue emphasizes the importance of equitable resource distribution among Integrated Care Systems (ICS). Both speakers emphasize the need for clarity and consistency in funding mechanisms to improve the efficiency and capacity of healthcare services. Various challenges facing the NHS are discussed, including nurse staffing shortages and gaps in emergency care planning impacting elective surgeries, culminating in a call for better systems in place to ensure patient care. The urgency for proposals and funding allocations by the end of the current financial year is a recurring theme, underscoring the concerted efforts needed to enhance operational effectiveness in the healthcare system.

DOI: 10.1302/3114-221811

Specialties