Hub’s Annual Savings Figures Announced
The East of England NHS Collaborative Procurement Hub’s savings figures for the Financial Year 2016/17 have been published and show that savings were 11% higher than last year, at over £10.48million. All Hub customer categories benefited, with one Trust saving well over a million pounds.
Savings were also consistent across the three categories of Clinical, Non Clinical and Pharmacy. (The data does not include agency staffing savings and a separate report will be published to highlight these figures.)
Cash releasing savings only tell part of the story and the FY 2016/17 was another year in which the Hub delivered a broad range of additional benefits to customers including contract management, service frameworks, benchmarking and data analysis, procurement and legal training, support for bespoke projects and a range of value added services.