The UK Private Healthcare Market: What does the future hold?
An omnipresent COVID virus and an impending recession could have significant repercussions on the UK’s private health care sector. A prolonged recovery is likely to impact both providers and insurers. Where are we now? In March, access to independent providers of healthcare in the UK was effectively suspended as capacity was re-purposed to support the NHS’ response to COVID-19. Almost overnight an ‘at cost’ reimbursement model replaced almost all health insurance and…
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Value-Based Healthcare
Michael Porter’s original vision was an ambitious one; ‘a strategy that will fix healthcare’. In his book which introduced the concept of ‘Value-Based Healthcare’ (VBH), entitled ‘Redefining Health Care’, Porter laid out what he believed would be a new way of thinking. In doing so, he made the case for delivering the best patient outcomes for the lowest cost by…
Revealing the Real Benefits and Lessons Learned from Inventory Management Solutions in NHS Hospitals
When it comes to innovation in healthcare, it is all too easy to lose sight of the progress made and where we have come from. Back in 2014, the Department of Health and Social Care (DHSC) mandated that all NHS trusts in England must adopt GS1. This led to Scan4Safety and, subsequently, the launch of six demonstrator sites to prove…
Brexit: Pragmatic steps to managing supply chain uncertainty
As with any level of national preparation, the uncertainty of the coming weeks poses a headache for those tasked with maintaining our healthcare supply chain. With only a matter of a possible seven weeks to go until the 31st October 2019 deadline to leave the EU, there are a number of risks and unknowns organisations must address. Alongside the national…
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NHSX – What we have learnt so far
The digitalisation of the NHS is a longstanding and well documented challenge facing healthcare organisations. Following the NHS Long term plan, which outlined the key role data and digital technology will play in delivering improvements across the NHS, NHSX (denoted NHSX) was born. Launched by Health Secretary, Matt Hancock, the joint organisation for data and digital technology has ambitious plans…
Harnessing healthcare efficiencies using three supply chain concepts
Ensuring continuity of supply in healthcare whilst the UK exits from the EU has brought the supply chain into new focus for many providers across the NHS. Progress made following the Carter report and Scan4Safety initiatives is to be lauded and has guided development in the healthcare supply chain. However, there are a number of opportunities which can be unlocked…
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Leveraging the value of innovation & disruptive technology in healthcare
The term ‘disruptive’ often has negative connotations, but when it comes to innovative technology in healthcare, it is overwhelmingly positive. While there is little doubt the health and social care system will see considerable clinical and operational gains from the implementation of emerging innovation, it still has a long way to go to be considered a leading user of technology…
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Akeso&Co recognised as a Leading UK Management Consultancy in Healthcare & Life Sciences by the Financial Times
Akeso&Co have been awarded ‘recommended’ status in the Healthcare & Life Sciences sector of the Financial Times’ UK’s Leading Management Consultants 2019 survey. We received “a significant number of recommendations from peers and clients” and thank our clients that contributed to this success. As a team we are delighted to be included on the list for the first time and…
Medicines Shortages: The Real Underlying Issues
Our conversations with NHS Chief Pharmacists around their top challenges and issues almost inevitably end up on the topic of medicines shortages. It is, therefore, interesting to see this topic hit the headlines today: “Pharmacists warn of a surge in shortage of common medicines” (link to BBC News article here). As with many news headlines written at the moment, it…
Reducing the cost of Diabetes Care through centre-led standardisation and sourcing of Blood Glucose Monitoring products
Following a 30% growth in England over the previous five years, Diabetes medicines spend exceeded £1bn in the financial year 2017/18. Almost 20% of the £1bn spend was on ‘Diagnostic and monitoring’ devices, which mainly consists of Test Strips for Blood Glucose Monitors used in self-monitoring by patients. Our research and client experience indicates that NHS England could save between…
The NHS genomic service could transform medicine
Akeso&Co have enjoyed working with the NHS genomics service through our Diagnostics, Pathology & Therapy Services and Technologies to develop a competitive approach for the strategic sourcing of genomics consumables. Read the full article.
Consultancy.uk: NHS selects 107 consultancies for Management Consultancy Framework
Akeso&Co is among a group of 107 management consulting firms the NHS has selected to assist the institution’s complex strategic, organsiation and transformational changes over the next five years. As well as the world’s largest professional services and strategy consulting firms, the list also features a number of boutique and healthcare specialists. Read the full article.
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