Value, costing, efficiency and productivity
Supporting finance staff and others to deliverthe best possible outcomes with the available resources.
HFMA Awards 2024
Nominations for the costing award category are open until Friday 27 September.
Policy and guidance
This map brings together tools and resources that will be useful to finance teams supporting digital transformation within their organisations
A comprehensive guide of how the NHS finance regime works, as well as the wider landscape in which it operates.
This map provides a quick reference guide to key guidance documents, national statistics and data from across healthcare systems and think tanks.
Our detailed directory of all the resources the HFMA has on offer.
A tool promoting best practice in the efficient and effective use of resources to deliver high-quality sustainable healthcare.
From April, some integrated care boards will take on full delegation of specialised services.
The HFMA’s NHS audit committee handbook is a comprehensive guide covering aspects such as the purpose, arrangements, roles and supporting checklists.
A case study describing how a digital system is enabling knowledge of the relationship between genes and medicines to be used in primary care
Update of previous September 2021 briefing highlighting progress against 10 tests of what good looks like for costing in the NHS.
Finance's role in enhancing efficiencies is explored in a recent HFMA roundtable, with a focus on required systems.
Case study describing an innovative approach to system wide costing and benchmarking across Mid and South Essex Integrated Care System.
This supplement showcases the 2023 winners and those shortlisted for awards. The winners were announced during the HFMA annual conference in December.
Guide to the production and use of cost data in the NHS and overview of the role of a costing practitioner.
This case study describes how the Sussex health system have approached this for their musculoskeletal services.
This briefing aims to demystify some of the many terms that are used when discussing financial sustainability.
Dorset Intelligence and Insight Service has been set up to enable people working across the health and social care network to access digital tools.
Improving quality in health care is about making it safe, effective, patient-centred, timely, efficient and equitable.
The HFMA sets out its views on the current NHS pressures and what needs to happen now.
This case study describes Alder Hey’s model for innovation, identifying the key factors that make it a success.
To standardise the way the NHS team receive the requests, they have produced a template document to be used for future NSCRs.
This case study describes a radio-frequency identification (RFID) system tracks medical assets.
Slide deck and accompanying speaker notes to help finance staff explain the importance of financial sustainability.
News and analysis
The penultimate week of the general election campaign started with a brutal pulling apart of the various parties’ published manifestos.
The next government must take a five-pronged approach to resolve the hospital waiting times crisis in England, according to the Health Foundation.
The next UK government will face a choice between raising taxes, cutting spending or increasing borrowing, the IFS said this week.
Further manifestos this week have started to recognise the NHS's broader funding needs rather than simply costing specific initiatives and promises.
The NHS could face a £38bn shortfall in funding by the end of the next Parliament, according to analysis by the Health Foundation
NHS trusts are improving productivity despite huge financial challenges, but need government support, NHS Providers said this week.
NHS England has released details of a new mental health currency to replace clusters and is looking for NHS providers to improve data quality.
In the dynamic landscape of healthcare, the efficiency of emergency departments stands as a critical indicator of overall system effectiveness.
The Northern Ireland Assembly passed its first budget in three years this week, despite concerns it could damage health and care services.
NHS England has issued an update to finance rules for 2024/25, detailing a system of capital bonuses and penalties to encourage systems to hit plans.
More out-of-hours working and greater use of the private sector are at the heart of how a Labour government would reduce the waiting list
With long waiting lists, industrial action and financial challenges, the NHS and social care will be in the spotlight in the run up to the election.
Upcoming events
Welcome to an exclusive HFMA lunch and learn session spotlighting the success story of the finance team at Oxford University Hospitals NHS Foundation
This session will give attendees practical ways that they can focus on quality in order to improve outcomes and reduce costs.
This forum will cover a range of hot topics including productivity, efficiency, and waste reduction through keynotes and best practice case studies
This session will delve into the East of England's regional approach to the productivity challenge.
This event is for those that will benefit from an overview of costing in the NHS or those new to costing and will cover why we cost and the processes.
The Engagement Value Outcome (EVO) Framework has been designed to help teams improve patient care at the system level
The symposium attracts senior decision-makers interested in making value-based healthcare a reality, and welcomes international delegates.
The HFMA mental health conference is a learning and development event and is the largest face to face event for the HFMA Hub mental health network.
Join ONF for a range of sessions and opportunities to network, including the Value Maker awards presentation.
This event focused primarily on the use of costing information and the importance of working with others to turn data into business intelligence.
This event is for those that will benefit from an overview of costing in the NHS or those new to costing and will cover why we cost and the processes.
A delegate-led event tackling specific technical costing challenges and discussing some of the practicalities of implementing the costing standards.
On-demand events
Leading change and bringing your people with you lunch and learn hosted by Tom Flatau, Neuroscience
The session will give an overview of RPA, including a look at how it works and the benefits of having ‘bots’ helping your finance processes.
Sofiya is a Finance Assistant at NELFT and is passionate about making the apprenticeship process a success not only for herself but everyone
The HFMA West Midlands Branch would like to invite you to attend the 2024 annual conference!
The session is designed to cover the overarching principles of VAT and how VAT works within the NHS.
This forum will bring together finance professionals working in the mental health sector
Navigating contract disputes: Strategies for resolving performance issues
Today Joanna will showcase some of the work with a focus on the development of the Finance Strategic Working groups.
An introduction to NHS income is a short course for those who are keen to understand the role of NHS income within NHS finance.
Robotic process automation has been talked about a lot, but are trust finance departments actually using it to streamline their routine tasks?
This course has been designed to provide an update on current employment tax issues, which will help employers to understand and mitigate their risk
The Institute’s annual costing conference provides the NHS with the latest developments and guidance in NHS costing.
Healthcare Costing for Value Institute
Find out more about our Institute network, dedicated to costing and value in healthcare.