Psec – “providing support and realising savings for clients”

Psec is able to provide expertise and assurance for change management projects and business cases.  Our consultants have worked on mergers and service integration projects as well as providing support in planning for Foundation Trust status to the exacting standards that NHS Boards and regulators now require.

We are able to provide expertise and support as and when required.  Psec can help you deliver your Back Office Efficiency Programme quickly and effectively allowing you to reduce your fixed cost base.  Psec interims and consultants are always available to provide extra support from our team of experts in a timely, cost-effective way without you having to compromise on quality.  

We can provide financial professionals to aid transition, performance, and delivery through a cost effective solution to support the change required.  

Psec is able to provide an affordable alternative to pressurised or scarce in-house resources to support your organisation through:

Modern Equivalent Assets - Estate Optimisation

Service and Organisational Review

Management of Change

Business Case Development

Project Management

The NHS QIPP – Back Office Efficiency Programme

NHS Transition and the maintenance of financial control

Clients and Specimen Assignments:

North Staffordshire Regeneration Partnership

Reviewed the administrative and support functions and activities in the context of the operational requirements of the newly constituted NSRP.

Reported findings and recommendations for a fit for purpose admin/support function including structure, levels of responsibility, need for process and other changes

Flintshire County Council:

Led on a review of the Finance function including a job evaluation and producing job specifications together with a full consultation with employees and unions followed by supporting the implementation.

National Government (Isle of Man)

Review of Corporate Directorates to evaluate the effectiveness of current structures and make proposals for the future, subsequently advising on an organisational structure to be fit for purpose

Review of Hospital Service management structure to identify barriers, issues and challenges preventing effective working practices and present recommendations for a revised organisational structure, re-aligned responsibilities and redistribution of resources

South African Government

Psec worked with the National Government to plan and implement the introduction of new financial management legislation and helped  individual local authorities to build their capacity to continue implementation at the end of the assignment.

The Charities Commission

Initially a research based project, the objectives were to allow the organisation to consider a change to exiting terms and conditions of employment and lift them into the "best practice" category.  Our consultants were then required to propose a plan for implementation of the findings.

Staffordshire and Shropshire Health Informatics Service

Development of a service costing model, to determine the costs of each IT service provided and charge clients for service usage.

Worcestershire Health & Care Trust

Financial diagnostic and due diligence review

Shropshire CCG

Strategic interim lead for IT.

Coventry & Warwickshire Partnership Trust

Supporting the redesign of a substance misuse service to reduce costs by up to 25% as part of a competitive tendering process instigated by commissioners

NHS South West 

Finance lead for PCT Fitness for Purpose Project
Finance Lead for Mental Health Foundation Trust Diagnostic Project

Whipps Cross University NHS Trust

Financial Recovery Plan

Derbyshire Mental Health Services Trust 

Providing financial expertise and business case support for multi-trust PFI scheme from project initiation to bidder selection and financial close

Project Management of Final Accounts process

Princess Alexandra Hospital NHS Trust

Project Management of Final Accounts process

Hull & East Yorkshire Hospitals NHS Trust

Review of Inter Authority Balances

Hampshire PCT

Finance Lead for Northern Cluster PCTs during consolidation/merger

Cumbria PCT 

Final Accounts for three merging PCTs

North Manchester PCT 

Project Management of General Ledger implementation

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