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The impetus would be on cutting costs by driving efficiencies into the system.
With these and other projects, services and programmes that consider the quality of individual experiences and the needs of the wider system together, NHS trusts are innovating, improving care and driving efficiencies.
"I think profit does have a role in development, not the profit maximising model but profit optimising, doing more with less, driving efficiencies," says Bulloch, who informs that another "big pharma" player, GSK, have also launched similar models.
There is a great danger that the pressure on budgets will lead to short-term decision-making where the usual suspects – such as mental health services – get cut, instead of the focus being put on driving efficiencies in the acute and mainstream primary care sector or on reducing social care service bureaucracy.
"Although the trading environment has remained challenging during the third quarter of the year, our continued focus on growing digital revenue and driving efficiencies, provides the board with confidence that profit for the year will be in line with market expectations," the company said.
A chunk of our portfolio is geared toward driving efficiencies in their environments.
Similar(50)
You wouldn't do the school run in a McLaren, but in a few years' time some ingenious little widget that makes fuel squirt faster, or pistons move more efficiently, developed by wonks for Jenson Button's greater driving efficiency, will feature in your new road car.
As Cabinet Office minister Francis Maude points out, the government is "relentlessly driving efficiency savings".
"We are driving efficiency through the biggest ever overhaul of our organisation," writes TfL commissioner Mike Brown in his foreword.
Media sellers increasingly transact both premium and remnant inventory to improve yields, driving efficiency in their sales channels.
"This does mean continuing to raise the creative bar, learning from our mistakes, driving efficiency and value for money.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com