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Knowledge Hub

Price match scheme to save millions of pounds

Will the scheme be rolled out elsewhere?

A pioneering price match scheme in Sheffield led to savings of £2m. Staff and patients across seven hospitals worked together to find the best products at the best prices and bulk bought to save money.

Staff found that at different hospitals they had been buying a variety of brands for different prices for products that all did the same job.

The products were evaluated to make sure there was no difference in standard of care for patients by switching to the most cost-effective version.

The savings were made on 11 products, including a saving of £400,000 alone by switching to one type of examination glove. Staff in South Yorkshire are now looking at making more savings on other products.

Other areas of the country are now considering using the clinician-led South Yorkshire approach.

Clinical lead for the South Yorkshire Integrated Care System, Professor Des Breen, said the scheme was a lot of work but well worth it because of all the extra services the money would buy for patients.

Further information

NHS England: Pioneering price match scheme frees up millions for frontline care