|Makes a lot of (business) sense|
A £10m investment by NHS Shared Business Services (NHS SBS), which is aimed at transforming back office functions across the health service, has led to 48 NHS organisations signing contracts for a range of finance, procurement and employment services.
Since the beginning of 2017, a number of leading NHS providers have made the switch to shared services, whilst more than 40 NHS organisations have renewed or extended their relationship with NHS SBS.
It means that, in total, NHS SBS now provides at least one business service to well over 100 different NHS providers and arm's length bodies across the country. In addition, 100% of England's NHS commissioning organisations (currently around 250) use NHS SBS's finance & accounting service - via NHS England's Integrated Single Financial Environment (ISFE) - whilst almost a third of commissioners also benefit from other business services (employment services and/or procurement) provided by NHS SBS.
By investing in ‘best of breed’ technologies, like robotics & automation, NHS SBS is providing the means for trusts to meet NHS Improvement (NHSI) spending targets and the efficiency savings identified by Lord Carter, whilst supporting the delivery of national policy, such as Sustainability & Transformation Partnerships.