Final part of the article: Reducing costs and improving quality in the NHS!
If we look at those organisations that are leading in cost and quality in the NHS and other healthcare systems, we see new ways of working emerging. We see finance directors who champion quality improvement across their organisations in partnerships with nurse directors and medical directors.
We see finance leaders who are skilled in methods for process improvement and who operate effectively at the interface between clinical processes and the management of resources. These leaders are able to frame efficiency and productivity issues in ways that connect with the priorities and values of clinical teams. Finally they are forward looking, working with other corporate leaders to create a different future for the organisation.
We do not predict that the traditional role of the finance leader will disappear. Rather, that on its own, it will be insufficient to deliver the sustainable cost and quality improvements that NHS organisations require in the future.
And it is not just the finance function in the NHS that needs to evolve; we all have to rethink attitudes towards costs and quality. Instead of systems to improve the quality and reduce the cost of care, we need to establish systems to improve the value of care. This requires new thinking about how to unify cost and quality goals and how to redefine improvement tools.
It also means new skills for clinical and managerial leaders. These range from capabilities in improving and measuring services through to driving the money that is released by process improvement through to the bottom line.
Written by Helen Bevan (Director of Service Transformation) and Micheal Cawley (Director of Finance and Business Services at the NHS Institute for Innovation and Improvement).
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