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“New management and finance master classes for NHS Finance Directors”

In a unique link-up for the NHS, Cass Business School, London, is to deliver a new Strategic Finance Leadership Programme for NHS Finance Directors.


The two-week-tailored executive education programme will run over the next two years and will draw on Cass’ significant expertise in finance and management, with support and input from a number of key stakeholders in the NHS. The programme aims to create world-class financial leadership in the NHS by keeping Finance Directors of NHS Trusts and other NHS institutions up-to-date with cutting-edge developments in the world of finance and management.


The programme – which was initiated by Monitor, the Independent Regulator of NHS Foundation Trusts – is sponsored by the NHS Institute for Innovation and Improvement and supported by the Department of Health. It will cover a range of subjects, including corporate governance, risk management, strategic planning and treasury management.


According to Stephen Hay Chief Operating Officer at Monitor, “Monitor’s experience as a regulator highlighted the challenges facing finance directors within the NHS. Providers and commissioners of healthcare need the skills to adapt to an increasingly competitive market, a rapidly changing environment and rising public expectations. We initiated this programme to support financial leaders and equip them for the future challenges of the health service.”


Dean of Cass Business School, Richard Gillingwater says: "This shows that business education has a critical role to play, in partnership with public sector organisations, helping them to improve performance, and, in this case, helping the NHS to improve the provision of healthcare for the benefit of the UK.”


Professor Scott Moeller, CEO and Director of Executive Education at Cass says: "We are delighted to have this opportunity to use our financial expertise and educational resources to help finance directors in the NHS keep up-to-date with the latest thinking in the fields of finance and management,” says Scott Moeller,


David Flory, Director General of NHS Finance, Performance and Operations at the Department of Health says: “Financial leaders perform a vital and highly skilled role within the NHS. This programme recognises the value of their contribution, and the need to support their development in a challenging and evolving health service. This partnership of key NHS stakeholders combined with expertise from Cass Business School has produced a first-class course to meet their requirements. We believe it will enable finance leaders to enhance their role in the NHS and deliver improved performance at their organisations”


On behalf of the NHS Institute for Innovation and Improvement, Michael Cawley, Executive Director of Finance says: “This programme will play a pivotal role in preparing our finance leaders and their organizations for the challenges of the Health Service Reform Agenda. It will provide opportunities for reflecting on current practice, as well as building the capabilities required for the future. It is ambitious in its goals and a significant investment in our people and their contribution in delivering outstanding patient care.”

For more information contact: Caleb Hulme-Moir (Cass Business School) 0207 040 5147, 0786 670 7262; or Michael Moruzzi (Monitor) 0207 340 2438

More information on the course including details of how to apply is available from the NHS Institute for Innovation and Improvement:


http://www.institute.nhs.uk/building_capability/building_leadership_capability/strategic_financial_leadership_programme.html

Notes to editors:


Cass Business School, City University, delivers innovative, relevant and forward-looking education, training, consultancy and research. Located on the doorstep of one of the world's leading financial centres, Cass is perfectly positioned to be the intellectual hub of the City of London. Our dialogue with business shapes the structure and content of all our programmes of study, our executive education programmes and our research. Our MBA, Specialist Masters and Undergraduate Programmes have a reputation for excellence in professional education. Our Executive MBA is ranked 15th in the world by the Financial Times.

The school undertakes research of national and international significance and supports almost 100 PhD students. Cass has the largest Finance Faculty and the largest Actuarial Science & Insurance Faculty in Europe. Our finance research is ranked 2nd in Europe and 4th in the World outside the US by Financial Management Magazine and our insurance and risk research is ranked 2nd in the world by the Journal of Risk and Insurance.

Within Cass, CassExec has been creating and delivering executive education to the world of business for more than 15 years. The disciplines we cover range from finance and insurance through to leadership, corporate governance and risk. At the heart of our success is the importance we place on working in partnership with our clients to construct bespoke programmes that truly meet their business needs.

Cass is a place where students, academics, industry experts, business leaders and policy makers can enrich each other's thinking. For further information visit: www.cass.city.ac.uk

Monitor authorises and regulates NHS foundation trusts ensuring they are well-managed and financially strong in order to deliver high quality healthcare for patients. For media queries please call Michael Moruzzi on 020 7340 2438. More information is available from: http://www.monitor-nhsft.gov.uk/ .

The NHS Institute aims to support the NHS with high-impact solutions to some of its biggest challenges, as well as introducing innovative ideas, best practice and technologies that will really make a difference to the delivery of patient care. More information is available at www.institute.nhs.uk

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