23 / 10 / 2015 9am
A combination of growing demand, no further annual efficiencies and flat real-terms funding is expected to produce a gap between resources and patient needs of nearly £30 billion a year by 2020/21.
What the 5YFV proposes
To sustain a high-quality NHS that meets the changing needs of patients both now and in the future, that gap must be closed through taking action on demand, efficiency and funding.
- Preventing and managing demand
- Preventing ill health will reduce demand for services and the measures to address the health and wellbeing gap will have a positive effect on this.
- Redesigning more productive services
- Different ways of working and harnessing innovation and technology will ensure the NHS works more efficiently and cost-effectively.
- Maximising the value of the NHS budget
- Currently, there is great variation in the amount NHS organisations spend on similar products or services. Understanding spending patterns across the NHS will help to see where changes could be made
- Transparency will help to understand if money is being spent well. NHS England will develop a common measure of the good use of resources in the NHS, including making available transparent and high-quality productivity information.