2013 could be 'turning point' as savings targets get missed.
NHS finance chiefs have expressed renewed fears over the quality of care that the health service will be able to deliver in the next two years due to ongoing budgetary pressures.
This week a survey published by influential research body the King’s Fund shows that two fifths (40%) of NHS finance directors believe care standards will slip between 2013 and 2015 as attempts are made to meet ambitious savings targets.
Next year could prove to be a “turning point” for the NHS with many health service finance directors sceptical that the NHS will be able to meet targets of finding £20bn in productivity improvements by 2015.
The survey of 45 finance directors – the King's Fund's latest quarterly monitoring report on NHS performance – suggests that health service performance has held up well to date.
However, more than half of those surveyed (27 panel members) believe there is now a “very high” or “high” risk that the NHS won't meet its target to deliver £20bn in productivity improvements by 2015, with just four judging there to be “little risk of failure”.
The full report is available here.
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