The Dislocation of Finance and Medical Device Innovation Ben Gooding, FRCS Consultant Orthopaedic Surgeon Clinical Lead, Circle Nottingham.

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Presentation transcript:

The Dislocation of Finance and Medical Device Innovation Ben Gooding, FRCS Consultant Orthopaedic Surgeon Clinical Lead, Circle Nottingham

NHS finances 60% 60% – Acute hospitals in deficit £30bn deficit £30bn deficit – Predicted by 2020 £8bn £8bn – Yearly funding increase required.

Private providers in NHS 32% Hip and Knee replacements in 2013 Circle Nottingham – Largest Day Surgery Centre in Europe Shareholders

Daily Challenge Tariff: £5,116 £2000 £35/min = £3150

Device Innovation in UK Healthcare Can be done Widen Collaboration Devices