Private Capital for Technology Adoption

Article

In May James O’Shaughnessy, Miles Scott and Sean Briggs led a discussion about the use of private capital to drive technology adoption in the NHS.

Our speakers highlighted there are multiple opportunities to improve productivity and quality through technology, and lots of great examples already, but it doesn’t spread.

Why not? We discussed what needs to be fixed:

  • Incentives for CEOs/leaders including primary care
  • Freedoms to make the right decision, reduce burden of regulation, allow greater risk taking, fail first
  • Treasury rules re capital need to be changed; a new form of PFI would be helpful using lessons from the past programme
  • Don’t always need capital – can do more with leasing/hiring
  • Where can the centre help? Procurement, spread best practice, pump prime, new payment models
  • Improvement support – need to decide what sits at the centre and what can be decided/pulled on locally

Thank you to Pillsbury for hosting and to TeleTracking for supporting this event.