Inefficiency costs NHS £5bn a year

 

The NHS is wasting £5 billion a year through inefficient use of people, land and equipment, according to a report carried out by Lord Carter which can be found here

Lord Carter said:

My experience of the NHS and hospitals internationally is that high quality patient care and sound financial management go hand in hand. To improve the quality of care hospitals must grasp resources more effectively, especially staff, which account for more than 60 pence of every pound hospitals spend.

Giving hospitals the tools and support to better manage resources will make it easier for boards to follow the example of the best trusts and mean every patient can receive the same world class care and taxpayers will also receive a fairer return on their significant investment in the NHS.