Public Finance Awards 2023: Finance Team of the Year (Health) awarded to East Suffolk and North Essex NHS Foundation Trust
We would like to say congratulations to the Finance Department at East Suffolk and North Essex NHS Foundation Trust who have been awarded Finance Team of the Year (Health) at this year’s Public Finance Awards!
The award recognises the finance team working in NHS bodies or other public health providers that have had the most impact on organisational performance, business partners and/or client groups, and have made an outstanding contribution to building a transparent, innovative, sustainable and collaborative working environment.
Why the East Suffolk and North Essex NHS Foundation Trust Finance Department won:
Their vision is to be “a high performing finance, commercial and analytics function, to enable the trust in delivering the best care and experience”.
And the results show the 250-strong team is more than meeting that pledge.
It’s not just the senior team who are contributing to success. There are 21 CCAB and AAT students, with nine accessing the apprenticeship levy, who contribute significantly both regionally and nationally.
There are multiple demands across the organisation, so focus has been on developing simple-to-use systems and processes that minimise management for clinical and operational teams, allowing them to maximise time on clinical priorities.
The same principle is carried through to the team’s work. Procurement and clinical procurement leads work with divisions to identify the most appropriate routes to market, and develop supplier and contract management systems to ensure quality, safety, value and sustainable service delivery.
Developing business intelligence has led to better insights into the costs of clinical care. This has enabled work with financial and wider clinical and operational colleagues to enable change.
Embracing new technology has also improved visibility of how the organisation is working. By using robotic process automation to improve efficiency, the team has been able to move some reports from monthly to daily, which gives more timely information
Evolving the discharge pathways dashboard, elective orthopaedic dashboard and theatre productivity reports have supported the organisation during a critical period when the NHS is facing record levels of demand.
Results include the team being the first East of England organisation, and one of only 18 in the country, to receive its Towards Excellence accreditation – level 3 as part of the One NHS Finance/Future Focused Finance programme.
The judges said: “It was a tightly fought category, particularly with strong staff development; however, East Suffolk and North Essex NHS Foundation Trust shone through as the overall winner. Demonstrating a very impressive arrange of achievements leading on excellence in finance and innovation using tech. Going beyond their boundaries, they were at the forefront of shaping the new structure within the NHS.”