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News & Press: News

Innovation in Healthcare Finance: A call for Expressions of Interest

30 July 2018   (0 Comments)
Posted by: Heather Smith
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As part of our innovation programme, we are working with Chelsea and Westminster Hospital NHS Foundation Trust's finance department to identify new innovations and technologies to support and improve processes and ways of working.

We are inviting expressions of interest from companies with solutions able to address improvement across the following financial themes:

  • Transactional processes
  • MI and reporting
  • Customer and supplier services
  • Risk management             

Please see the table below for some more detail across these themes although our call is open to wider supplier suggestions.

Excluded from the call are solutions focusing on cybersecurity, replacement financial systems, infrastructure and hardware.

The Trust has recently been awarded an ‘Outstanding’ rating for ‘use of resources’ by an NHS Improvement inspection which was completed during the same period as our CQC inspectionwhich rated the Trust as 'Good' across all five categories.

The call aims to identify fintech and business improvement industry leaders with technologies that can pragmatically impact financial operations in a real-world NHS setting. We are interested in solutions that are either ready for deployment or that require adaptation to healthcare settings or that seek validation in a real-world healthcare setting.

Expressions from start-ups, SMEs and larger corporations are welcome. Providers with a strong London presence, an ability to integrate with existing IT systems, ability to address more than one call theme, a record of disruption in any industry and willingness to approach collaborations in a strategic, creative and partnership-oriented way shall be prioritised.

Call dates:

  • Initial publication of call for expressions of interest - 27/7/18
  • Call ends - 2/9/18
  • Invites for discussion - w/c 10/9/18
  • Final selection feedback - w/c 24/9/18                                                                                       

Successful companies will be invited to meet panel of Chelsea and Westminster Hospital NHS Foundation Trust C-level stakeholders and its charity CW+, under the lead of the Trust’s Chief Finance Officer Sandra Easton.

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