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FINANCIAL HEALTH CHECK

Review and identify weaknesses and new opportunities for control and effectiveness

DELIVERING SOUND FINANCES

Control of any organisation's finances is critical to its short and long-term success. Time and again, the reasons for organisational failure have been attributed to poor finances and ineffective governance arrangements. The key factors for ensuring financial success are robust business processes, financial control, effective management of resources and performance monitoring arrangements.

Many CEOs and Financial Directors lack sufficient time to develop a comprehensive view of whether their systems are robust enough to cope with the environmental and economic uncertainty.

Our team at In-Form Solutions have been there before; in recession as well as in boom. We have successfully managed both small and large organisations through financial turmoil, so we can be your critical friend. We can provide an independent financial health check to review your current position and to identify opportunities for further improvement.

Our Health Check reviews are able to:

  • Review your current financial position & projections in the context within which you operate
  • Check that there are effective controls and governance in place
  • Model scenarios taking into account upturns as well as downturns
  • Undertake efficiency assessments of clinical, financial and support services
  • Undertake skill-mix and staffing reviews
  • Review Service Line financial contributions
  • Assess the overall efficiency of the organisation and benchmark against similar organisations
  • Identify new CIP / QIPP and Income Generation opportunities
  • Review supply chain efficiency and delivery
  • Review Estates utilisation
  • Review and advise on effective income collection mechanisms

AN UNBIASED, PROFESSIONAL VIEW

We provide an independent, unbiased and highly experienced view, no predetermined views or constraints influenced by others, which is very much focused on the more commercial and efficient use of your resources. We also provide effective strategies for financial recovery and turnaround whilst maintaining or improving service delivery.

We at In-Form Solutions provide hands on, highly experienced expert resources to drive forward agreed initiatives, working in conjunction with the Board and its Directors. Our team consists of Health Economy Finance specialists who are used to dealing with multi agency, high profile organisations. Our team includes Regional Finance Directors and Chief Executives with direct practical experience supported by operational Directors, Nursing Specialists, and Project Managers all with successful experience of financial performance, delivery and turnaround. In other words people who can deliver solutions that work in the real world