Public sector organisations operate in a dynamic and highly regulated environment. We are able to provide expert financial advice on health matters, through our public sector consultancy arm, FourSight.
NHS England
- Outsourcing staff on an interim management basis from one month to one year;
- our specialist staff can undertake financial management consultancy assignments;
- preparing monthly and year end financial accounts;
- managing hosted organisation budgets;
- managing treasury functions;
- business case evaluation.
Clinical Commissioning Groups (CCGs)
- Interim management support from director of finance or chief financial officer positions down to junior accounting staff;
- providing IFRS compliance advice, including a detailed financial impact assessment and restatement of opening balance sheets;
- providing year end financial and monthly management accounts support;
- performing detailed investigations on the financial effects of implementing changes in Government policy;
- managing primary and secondary healthcare budgets;
- managing the commissioning finance functions;
- representing CCG’s on National Finance Groups;
- business case evaluations;
- providing strategic finance support and completing financial plans.
Acute, Community and Mental Health Trusts
- Interim financial management support from director of finance or chief financial officer to junior accounting staff;
- commissioning reviews to determine the effect of changes in tariff prices and contract arrangements;
- managing turnaround and recovery processes for Trusts;
- developing zero based budgeting models and completion of NHSI returns;
- providing financial support for business cases for the modernisation of secondary and primary health care services based on the Treasury Green Book;
- producing reference costs and patient level costing;
- costing of healthcare services for use in budgets;
- monitoring performance of Service Level Agreements (SLA);
- development and regular production of Service Line Reporting (SLR);
- providing year end financial and monthly management accounts support;
- development of long term financial models and strategic support to the Board;
- supporting system redesigns with the development of Integrated Care Systems.
General Practitioners
- Developing pricing models for GP practices, to enable GP practices to tender for Equitable Access in Primary Care Medical Services (EAPC);
- preparing monthly and year-end financial accounts;
- providing tax advice;
- providing financial advice to GP practices to enable maximisation of income from commissioners.
- supporting practices with their involvement in Primary Care Networks and Integrated Care Systems.