FAQ
Log In
Friday 24th November 2017
News
 › 
 › 

NHS paying bills late

14th February 2007

Bills are being paid late and orders cut by NHS trusts as part of efforts to keep within budget.

Pound Coins

With Patricia Hewitt pledging the NHS would achieve financial balance this year, trust chief executives are under pressure not to overspend.

Trade associations who supply the NHS say their members are waiting twice or even three times as long as they should and warned it is creating problems for smaller suppliers.

The British Healthcare Trades Association said a significant number of trusts were breaching their standing orders with companies that should be paid within 30 days. Instead they are waiting 60 or even 90 days.

The British In-Vitro Diagnostics Association, whose members provide diagnostic supplies and tests, said its members were also seeing orders left open until the new financial year in April.

The Association of British Healthcare Industries said orders for larger items under capital spending had been hit the hardest.

This has raised speculation on whether the NHS can hit the 18-week target without investment in additional equipment.

However companies are bracing themselves for a sharp rise in orders in time for the start of the new financial year.

Share this page

Comments

There are no comments for this article, be the first to comment!


Post your comment

Only registered users can comment. Fill in your e-mail address for quick registration.

Your email address:

Your comment will be checked by a Healthcare Today moderator before it is published on the site.

Article Information

Title: NHS paying bills late
Author: Carol burns
Article Id: 1999
Date Added: 14th Feb 2007

Sources

The Financial Times

Recent Related Articles

Trust facing £75m deficit

Trusts falling short of financial target

Actions

Add to scrapbook
Show Comments
Add comment
Find all related articles

Tags

Mayden - Innovative cloud-based applications for healthcare
© Mayden Foundation 2017