aop
ad

NHS contractors left out of pocket

by AccountancyAge.com

17 Jul 2006

Contractors working on overhauling the National Health Service’s complex IT system have been paid just £257m on contracts worth almost £5bn, figures for March have revealed.

The paper cited shadow Health Secretary Andrew Lansley as the source for these figures.

This represents just 5% cent of their contract value, despite these contractors having spent an estimated £1bn so far, according to The Observer.

Four companies have been charged with delivering the new system, designed to allow 50 million patient records to be stored electronically, namely BT, Accenture, Fujitsu and American firm CSC.

Despite this underpayment, only Accenture is predicting losses on the project saying in March that it was setting aside £260m, citing problems with its main software provider, iSoft.

CSC has been paid just £119m on a contract estimated to be worth £973m.

BT, which is responsible for the programme across London, said it been paid just £1.3m on a £996m contract, while experts estimate the company is likely to have spent around £200m on the work.

Fujitsu, has received just £26m for work on its £986m contract for southern England,

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities