NHS Wasting away £500-million Annually: NAO
A report compiled by the National Audit Office has stated that the NHS can end up saving an astounding £500 million on a yearly basis. Though, the savings will only be attainable if necessary rationing is observed regarding basic supplies and hospitals order bulk supplies together.
It was stated in the report by NAO that NHS trusts across the UK spent their funds on 21 types of A4 paper. Apart from that, they also bought 652 different types of medical gloves and 1,751 types of cannula tubes.
One of the major points noted in the report was that the National Health Services were wasting an astonishing £7 million on repeated small orders.
Talking about the findings of the research, Head of the Audit Office, Amyas Morse, informed that facilities under the NHS can save up to 10% of the money they are allocated for consumable spending. It needs to be pointed out that such drastic savings can end up amounting to £500 million, especially if bulk orders are placed together by facilities.
About the unnecessary spending by NHS facilities, the Chairperson of the Public Accounts Committee and Labour MP, Margaret Hodge, said, "Too much purchasing is still done through multiple, low-value orders, which incur high admin costs".
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