NHS trusts to be ranked in 'procurement league table’

A new initiative announced by the Department of Health will rank hospital based on the amount they procure goods and services in a new league table.

Health Secretary Jeremy Hunt made the announcement at the NHS Provider Conference, with the key goal to reduce the amount hospitals spend and improve efficiency savings.

According to the Health Secretary, the variation in price between how much is spent on the same products is unacceptable and hopes the new plans will help compare trusts to see where greater efficiencies can be made.

Reports suggest that some trusts were paying 47 times more than for certain goods as other hospitals.

Addressing the conference, Hunt said there was still a "baffling variation in the prices that hospitals are paying”, with the latest league table revealing the five trusts at the bottom could save more than £11m if they agreed prices comparable to higher ranking hospitals.