Independent Audit Limited

Governance for hospitals

We work with boards of NHS Trusts in two ways. 

We help them perform better by looking at board effectiveness, giving advice on how to introduce governance best practice as followed by successful companies. And we help them get the information they need to monitor performance and make strategic decisions.

Trust boards and management need to know which service lines are helping the Trust meet budget and which are leading them to underperform.  They need insight into which parts of the Trust are performing above or below expectation and why these performance variances arise.

Without this insight, boards cannot oversee performance or set direction.  Hospital financial management find it difficult to budget, control costs or forecast future financial performance.  And clinical management can’t get to the bottom of why their financial performance is what it is.

Our Acute Trust Analytics (ATA) software (developed by our subsidiary company, Trust Analytics Limited) gives boards and management the insight they need by producing service line and patient level costs.  Based on standard costing principles widely used in industry, ATA:

... works with incomplete data
... produces meaningful, reliable and consistent information
... is user-friendly, using an intutive 'click through' format
... illustrates the 'why' and 'how' with high-impact graphics

ATA's outputs and reports support strategic and investment planning and enable informed debate, decision making and effective governance.

To see a demonstration of how ATA can help you exercise better governance and help your Trust perform better, see http://www.trustanalytics.co.uk.