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

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Presentation on theme: "The Dislocation of Finance and Medical Device Innovation Ben Gooding, FRCS Consultant Orthopaedic Surgeon Clinical Lead, Circle Nottingham."— Presentation transcript:

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

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

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

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

6 Device Innovation in UK Healthcare Can be done Widen Collaboration Devices


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