The New NHS Financial Warp Drive Named CRES

by Art de Rivers | July 3, 2009 at 02:05 pm
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Cash Release Efficiency Savings NHS FT Trusts

Cash Release Efficiency Savings NHS FT Trusts

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uploaded by Art de Rivers

The new UK NHS Foundation Trusts are not very forthcoming about where and how they generate Cash Release Efficiency Savings (CRES) .  You will not see too much paperwork and detail on that. Some of those Cash Release Efficiency Savings  have been accruing as eventual NHS Foundation Trust "surpluses"....

CRES can be generated by several means and not just "demand management" , which pans out at rationing patient care . That for sure is one method though .

Other methods are negotiating supplies of drugs more cheaply and another is negotiating other supplies like power more cheaply .

Income can also be generated on attracting patients into a special areas of care and treatments should FT Trusts be good at that .

CRES can be generated by saving the money on Payment By Results tariff's being applied per case and since cases are calculated on  averaged-out-costs and  if  NHS Trusts can come in under that, cash is released as "efficient" savings....

There will be more to dig into on this later as information about specific UK NHS Trust's financial habits develops .

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