Source · Select Committees · Public Accounts Committee
Recommendation 21
21
Accepted
A new aligned methodology developed for consistent NHS savings calculation and reporting.
Conclusion
NHSE, NHS Supply Chain and stakeholders including NHS trusts have developed a new way to calculate savings which will be aligned with a savings methodology it has rolled out across the whole of commercial in the NHS. NHSE told us that this method will mean that trusts are all going to be looking at their savings, calculating their savings and inputting them into the system consistently.36 Balancing cost with good outcomes for patients
Government Response Summary
The government agrees, confirming that the new value and savings methodology has been implemented across the NHS from April 2024, and NHSE will review its compliance and effectiveness after the first year by Summer 2025.
Government Response
Accepted
HM Government
Accepted
4.1 The government agrees with the Committee’s recommendation. Target implementation date: Summer 2025 4.2 Implementation of the value and savings methodology from April 2024 is across the NHS including NHS Supply Chain. NHSE will review the compliance and effectiveness of this methodology after the first year. As part of the budget monitoring process, NHS organisations report on procurement savings including NHS SC. This information is shared with NHSE Commercial.