This course has passed.

Overview

In order to continue delivering excellent services for patients, NHS organisations have to consider innovative approaches to improve efficiency and generate additional revenue streams, whilst maintaining a high standard of customer service.

By setting up a joint venture with a private sector organisation, hospitals and Clinical Commissioning Groups will be able to increase their capacity to deliver better services for their patients, generate revenue and access their partner’s extensive knowledge, capacity and resources.

This A Guide to a Successful NHS Joint Venture course, will give delegates the necessary tools to navigate through the complex process of setting up a joint venture. By the end of the day delegates will fully understand the legal intricacies and develop their commercial awareness, secure their negotiating position and ultimately enable the better provision of services.

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Learning Outcomes

  • Identify the right partner to help your NHS organisation deliver more effective services
  • Navigate through the legal complexities of setting up a venture with external partners
  • Develop your commercial awareness to better understand the private sector
  • Create and maintain effective relationships with key stakeholders to develop an effective joint venture
All the Understanding ModernGov courses are Continuing Professional Development (CPD) certified, with signed certificates available upon request for event.

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Agenda

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09:15 - 09:45

Registration

09:45 - 10:00

Chair’s Welcome and Clarification of Learning Objectives

10:00 - 11:00

Understand the Legalities of Setting up a Joint-Venture

  • Gain a firm legal understanding of setting up and maintaining successful joint venture
  • Navigate the contract and procurement procedures to setting up a joint venture with another organisation
  • Mitigate risks to your healthcare organisation, by minimising your liability
  • Overcome common challenges, through using an effective legal toolkit
11:00 - 11:15

Morning Break

11:15 - 12:15

Case Study: Successfully Set up a Joint-Venture

Delegates will have the opportunity to question an organisation which has successfully entered into a joint venture.

  • Take a strategic approach to decide what service to set up a joint venture
  • Identify the right commercial partner to establish a joint venture with
  • Engender an appreciation of a joint venture within your trust
  • Pitch the idea of a joint venture to your staff and senior managers
12:15 - 13:00

Develop your Commercial Awareness

  • Gain the skills to help your NHS organisation to think in a more commercial way when setting up a joint venture
  • Develop effective partnerships with the private sector to help you to create successful partnerships
  • Mobilise your workforce to obtain support and challenge through the change process
13:00 - 14:00

Lunch

14:00 - 14:45

Develop your Commercial Financial Awareness

  • Understand the financials of setting up a joint venture
  • Interrogating the income statement and balance sheet for commercial information
  • Learn how to do ratio analysis
  • Managing the cash flow
14:45 - 16:00

Workshop: Design a Successful Joint-Venture

  • In groups and with the trainer, delegates will undertake a practical exercise to develop a more effective joint venture between an NHS organisation and the private sector
  • Explore the practicalities of setting up a joint venture
  • Learn how to mitigate risks to your organisation
16:00 - 16:15

Feedback, Evaluation & Close

Venue

etc. Venues – Prospero House, London

241 Borough High St, London, SE1 1GA