Courses

A Guide to a Successful NHS Joint Venture

Implementing innovative approaches to service delivery

Chaired by

Wednesday 15 November, 2017

09:15 - 16:15

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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 of setting up a joint venture and develop more effective strategic partnerships with private sector organisations, to ultimately enable the better provision of services.

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 effective strategic partnerships with the private sector
Create and maintain effective relationships with key stakeholders to develop an effective joint venture

In-House Option

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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 - 11:30

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
Develop your understanding of Contract and Procurement Law
Understand what is possible in JVs between public bodies
Understand the regulation on procurement of Joint Ventures with the private sector
Mitigate risks to your healthcare organisation, by minimising your liability
Overcome common challenges, through using an effective legal toolkit

11:30 - 11:45

Morning Break

11:45 - 12:30

Case Study: A Successful Joint Venture in Action

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

12:30 - 13:00

Workshop I: Develop Effective Strategic Partnerships

In this interactive session, delegates will work in groups to enhance their strategic partnerships with their joint venture partners.

Develop more effective partnerships with the private sector to help you to create successful partnerships
Learn how to effectively work with your joint venture partner
Enhance your stakeholder management skills
Mobilise your workforce to obtain support for your joint venture

13:00 - 14:00

Lunch

14:00 - 14:45

Workshop II: Understand The Finances of Setting up a Successful Joint Venture

In groups and with the Chair, this interactive sessions will help delegates better understand the financial side of designing a more successful joint venture.

Understand the financials of setting up a joint venture
Learn how to maximise profit
Interrogating the income statement and balance sheet for commercial information
Managing the cash flow

14:45 - 16:00

Workshop III: Implement 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