This story was first published in digitalhealth.net
£250 million cash releasing savings achieved for NHS
The NHS Supply Chain and NHS Business Services Authority have announced that they achieved over £250 million cash-releasing savings as of the end of September 2017.
The cash-releasing savings, delivered against the £300 million target set for September 2018 by the Department of Health, can now be used to assist NHS trusts in maximising their procurement budgets.
In addition to this, he NHS Supply Chain Capital Solutions Team has achieved the overall target set by the Department of Health of £158 million cost avoidance savings ahead of its due date of September 2018. This achievement has benefitted many NHS trusts who have purchased Capital medical equipment through NHS Supply Chain.
David Pierpoint, chief operating officer for NHS Supply Chain, said: “This is a great achievement and it’s only by working in collaboration with our customers and suppliers on our savings programmes such as the Nationally Contracted Products (NCP) programme, High-Cost Tariff-Excluded Devices (HCTED) and Compare and Save that it’s been possible to make these savings.”
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