Digital Finance Transformation

How the NHS is using a best practices approach to drive massive finance transformation.

The Scale of the Challenge‣ The NHS deals with over 1 million patients every

36 hours.‣ In 2015/16 40 per cent more operations

completed vs 2005/06 - an increase from 7.215m to 10.119m.

‣ There were 16.252m total hospital admissions in 2015/16, 28 per cent more than a decade earlier (12.679m)

‣ The total annual attendances at Accident & Emergency was 22.923m in 2015/16, 22 per cent higher vs a decade earlier (18.759m)

‣ The total number of outpatient attendances in 2014/15 was 85.632m, an increase of 4.4 per cent vs 2013/14 (82.060m)

‣ The number of people aged 60+ is forecast to increase from 14.9m in 2014 to 21.9m by 2039…the number of over-85s is estimated to more than double to 3.6 million by 2039

NHS Funding

Adjusting for inflation, real terms avg. increase in funding of 0.9% p.a.

Private & Confidential February 2017

Future Focused Finance Framework…

Best Possible Value

Efficient Processes & Systems

Close Partnering

Skills & Strengths

Great Place to Work

Sustained Improvement

Digital Financetransformation is more than just a buzzword.We partnered with the NHS and a consortium of 38 NHS entities to design and deliver a Cloud based digital finance platform.

Enabling Best in Class Performance

Benchmarking86% of Best-in-Class organizations have executive commitment to financial transformation

Percentage of reports delivered in time needed by managers Percentage of stakeholders with access to financial data Percentage of accurate financial reports

Percentage increase in operating efficiency

86%

95%

99%

94%

8%

58%

55%

43%

52%

3%

Road Map…

Where Next on Your Digital Journey?

Explore our NHS Digital Finance Solutions

www.qubix.com/nhs