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Sunday, April 26, 2009

NHS to waste £20M per year in search to save money

NHS to waste £20M per year in search to save money

NHS offers millions of pounds in prize money for innovation

Cash prizes totalling £20 million are being offered by the Department of Health to people who come up with innovative ways of cutting costs or discover health care breakthroughs.


"The NHS is struggling to find £2.3 billion efficiency savings this year and is facing the possibility of a budget freeze on spending in the near future"...

"The challenges will be set annually by an expert panel which will include staff who will advise ministers and set the parameters of the challenge.

Prizes will be up to £5m per innovation and winners will be celebrated at an annual awards event".

£2.3 billion efficiency saving spending £20 million annually needlessly?

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