The finance and performance directorate provides financial management, financial accounts and services and performance management.
Financial Management: The financial management team support managers within the hospital, providing reports and analysis on expenditure and income throughout the year, setting budgets and providing financial information and support. Corporately, the team provide hospital wide reports on the financial performance of the hospital to the senior management team and the Trust Board.
Financial Accounts: The financial accounts team manages the hospitalís cash, and deals with the payment of creditors, collection of income, internal controls and production of statutory accounts. The section also manages the hospitalís charitable funds and undertakes the administration relating to the private patient and overseas patients work done in the hospital.
Financial Services: The accounts payable team is responsible for ensuring that the invoices that the Trust receive are entered onto the finance system. Invoice payment is processed within this department, together with any supplier enquiries.
The sales ledger team section ensures that the income due to the Trust is received. The initial stage is the production of an invoice, and then credit control procedures are instigated if the debt is not paid within the agreed timescales.
General Office: The general office is the public face of the finance department. The office itself is the point of contact for patients travel claims and property, as well as providing services to staff.
Performance Management: The performance management team assists in negotiation, pricing and monitoring of the Trust's contracts. They also produce reference costs for the Trust, which identifies the Trusts costs for all procedures performed in the previous year, by HRG (Healthcare Resource Group) Classification.
Payables/Receivables can be submitted by post, by fax or by email.
Accounts Payable: AccountsPayable@bedfordhospital.nhs.uk
Accounts Receivable: Finance@bedfordhospital.nhs.uk
Fax: 01234 792 326
Any issues can be directed towards the Finance Department via email or fax as above.
Don Richards, director of finance & performance, CPFA
Helen Mulhern-Wilson, deputy director of finance & performance, CPFA
Mike Outen, chief management accountant, ACMA