HFMA September e-newsletter

Register and reap the benefits

Become a member of the HCSA to gain access to a variety of support tools and services.

Join us

Winter Conference 2021 Countdown

HCSA Job Board

All the latest NHS procurement job opportunities

See the latest jobs..

Last month we looked at five different policy areas and the work we have done around them. You can find out more in the policy and technical section below.
This month is your final chance to submit your nominations for the National Healthcare Finance Awards. Feedback from previous entrants suggests that even the act of entering the awards can be a real boost for morale and a recognition of hard work. We want to recognise success in your organisation.
Next month the Healthcare Costing for Value Institute is hosting its second International symposium. Join us to hear about the experience from six different countries on how they are practically embedding value-based healthcare.

We hope you find this newsletter informative. If you do have any feedback or suggestions please do get in touch.
Kind regards,

Mark Knight
Chief Executive, HFMA

Quick links

Policy and technical 

HFMA blogs

HFMA Awards


Healthcare Costing for Value Institute



Healthcare Finance

This month’s policy and technical update: 

In August we looked in detail at five different policy areas. Read the summary blogs on partnership working, governance, costing and value, NHS funding and payment systems and STPs.

Every month our policy and technical team brings you materials on current issues to support you in your jobs. Make sure you are an individual member to take full advantage of them.

Committees and special interest groups

Prescribed Specialised Services Commissioning Group meeting – 7 September, London
Governance and Audit Committee meeting – 12 September, London
Accounting and Standards Committee meeting – 14 September, London
Policy and Research Committee meeting – 19 September, London
Charitable Funds Group meeting – 26 September, London

Join the HFMA VAT Technical Sub Committee
The HFMA VAT Technical Sub Committee is looking to widen its representation, and would welcome any interested candidates, particularly those from mental health trusts or the Welsh or Northern regions. If you are interested in joining please email emma.legg@hfma.org.uk with a brief description of what you feel you could offer.

HFMA Awards 

We recently caught up with Sheila Stenson, the 2016 Deputy Finance Director of the Year, to find out more about what winning a National Healthcare Finance Award meant to her.
Submit your nominations now and let’s celebrate together the achievements of the NHS finance function.

HFMA Qualifications

Bob Baker is the leader for the module Personal effectiveness and leadership, provided as part of the HFMA Qualification programme. He shares his experience of designing and running this popular module.

Read the full blog.

Member in focus: Siân McPhee


Siân McPhee has wanted to work for the NHS ever since she was in school.

She is now senior finance manager at NHS Northern, Eastern and Western Devon Clinical Commissioning Group. Alongside her daytime job, Siân also sits on the HFMA’s South West branch committee and is a Future-Focused Finance value maker.

Read the full interview with Siân. 

Join our circle to get to know colleagues from across the country.

Coaching and mentoring

Are you or a member of your team still waiting to take time off for the summer but worried you have too much to do? Claire Merrick talks about why taking a break is good for your career.

If you are finding it hard to step back from your work, you may want to consider working with an HFMA executive coach.

Healthcare Costing for Value Institute

International symposium 

Turning the theory of value into practice – an international perspective
4 October, Radisson Blu Portman Hotel, London
Institute member organisations get one free senior finance place and one free clinical place.  Members of the Provider Faculty are also eligible for one free senior finance place.
Book now
In the run-up to the International symposium, speaker Alfa D’Amato, director, activity-based management, New South Wales Health, Australia, blogs about the the value of patient level costing.

Healthcare Costing for Value Institute

Using the Model Hospital Portal webinar
Techniques and approaches for use in driving improvement
18 September 2017 at 13:30
Book now

Introduction to NHS costing – regional networking and training event
28 September, Midlands, Novotel Birmingham Centre
Book now

Technical costing update 
23 November, venue to be confirmed
Book now

Dates for your diary

20 September, 110 Rochester Row, London
Confirm your CEO’s place now

Charitable funds finance conference
18 October, 110 Rochester Row
Book your place now

Annual mental health finance conference
8 November, London
Book your place now

Audit conference 
14 November, 110 Rochester Row, London
Book your place now

HFMA Annual Conference
6-8 December, London
Book your place now

Annual chairs’ conference 2018
17 January 2018, London
Book your place now

Pre-accounts planning
31 January 2018, Manchester
1 February 2018, London

HFMA/CIPFA annual health and social care conference
21 September, 110 Rochester Row, London
Confirm your place nowDuncan Selbie, chief executive of Public Health England is confirmed as a speaker at the first Annual health and care conference that we are hosting in partnership with CIPFA.


Provider Finance Faculty forum: Making STP finance a reality
19 September, 110 Rochester Row, London
Confirm your place now

Mental health forum
26 September, Manchester
Confirm your place now

Chair, Non-Executive Director & Lay Member Faculty forum
11 October, Manchester
Confirm your place now

Provider Finance Faculty directors’ forum – Value-based healthcare International symposium
4 October, Radisson Blu Portman Hotel, London
Confirm your place now

Commissioning Finance Faculty forum – The future of primary care: What is the role of the commissioner in facilitating change?
15 November, 110 Rochester Row, London
Confirm your place now


Realising the recurrent savings and associated benefits of digital healthcare 
Find out how assessing a trust’s clinical correspondence processes can highlight additional, significant recurrent savings.
Supported by Winscribe
5 October, 14:00

The HFMA’s branches are in the heart of everything we do. Keep up to date with your local network to make the most out of your membership.

Healthcare Finance, September 2017

Keeping up the pressure
Despite progress in reducing spending on agency staffing in 2016/17, there is still room for improvement.

Walk, don’t run
A Sussex trust has embedded continuous improvement and Lean methodologies in its day-to-day work.

Reading the numbers
NHS performance is hot news all year, but the ultimate performance report appears to slip out unnoticed.

Primary support
General practice is changing and the HFMA and FFF has identified how finance professionals can support GPs.

Ideas factory
It is well known that some trusts earn additional income outside the day-to-day activity of treating NHS patients. Many will be familiar with private patient services or providing payroll or sterile services to other NHS organisations, for example. But how surprising would it be to learn that a trust has developed its own range of skincare products that’s on sale online and on the high street, with the profits funnelled back into the NHS?