Kingsgate

Wondering about the impact of our private sector work? Here’s an example of what we can achieve… Fraud was discovered at a British manufacturer employing 300 people – delaying the filing of audited accounts and putting the business in breach of a loan agreement. We intervened fast, identified the underlying causes and oversaw the preparation of accounts. As a result, the loan was retained and stability was restored. #turnaround #financialrecovery #accounting

The NHS is full of inconsistencies and variation. Different Trusts and departments do things in different ways – some much better than others. This creates significant potential for improvement. Kingsgate’s deep knowledge and NHS experience enables us to work with in-house teams to adopt best practice – for the benefit of their patients, budgets and organisation. #NHS #transformation #improvement

What do the following have in common? • An international technology group • A private university in London • A manufacturer in the north of England • A top sporting organisation They’ve all sought specialist turnaround support from Kingsgate, to address serious financial challenges. https://buff.ly/3x3AgfG #financial #recovery #education

There’s a growing emphasis in the NHS on the need to save money or make budgets go further. However, the focus of our support remains on operations – how NHS organisations actually do things. Get that right and the savings will follow. We take pride in the fact that Kingsgate consistently provides a return on investment which is tens or hundreds of times our fees – identifying achievable savings running into millions of pounds. #NHS #productiivty

In the world of business turnaround, there’s an inevitable focus on finance. Our range of expertise means that we can help with all or any aspects of this – crisis stabilisation, cash management, forecasting, restructuring and stakeholder management. This can also involve support for sales, acquisitions or mergers, as part of the solution for ensuring a company has a viable long-term future. #turnaround #recovery #expertise

Sustainability is one of Kingsgate’s watchwords. We enable NHS leaders and their teams to have true ownership of their issues. This is how effective change is maintained when we’re no longer there to provide support. No matter how high-performing the Trust, experience has taught us that there’s always progress to be made. We’re proud of our track record in delivering positive results – increasing the number of patients being seen, improving efficiency, cutting staffing costs, reducing waiting times. #NHS #sustainability #change

For meaningful and long-lasting change to happen within a struggling business, we believe there are three key issues to address: 1. Improving operational efficiency and profitability 2. Tackling difficult issues in a sustainable way 3. Changing the culture and how people work #recovery #turnaround #consultancy

Change is often uncomfortable, and can be especially difficult in large organisations like the NHS. At Kingsgate, we help NHS leaders and clinical teams make those necessary and often difficult financial and operational decisions. We do this by providing small teams of seasoned Board-level experts with all the necessary skills to analyse the situation and find solutions, working closely with those on the ground. We don’t tell people what to do, but rather help them to recognise and take the necessary steps, so that their organisation or service is the best it can be. #NHS #changemanagement #collaboration

Kingsgate’s private sector business is firmly founded on strong relationships and partnerships. Our turnaround support for companies in financial difficulties is often initiated by others with a strong interest in seeing these businesses survive and recover – such as accountants, banks, investors, lawyers or insolvency practitioners. We’ll always be happy to hear from anyone seeking financial turnaround experts to recommend in such circumstances. https://buff.ly/3XSoRdB #turnaround #partnership #viability

Kingsgate has now been helping the NHS to change and improve for almost 20 years. Our Chair @Stve Swayne was the one of the very first financial recovery specialists from the private sector to be asked by the then Labour Government to support the NHS. Since then, we’ve supported dozens of healthcare organisations. And while the circumstances always vary, we’re proud to have delivered lasting results. Ultimately, it’s about enabling Trusts and local systems to be more efficient. When done well, this improves services and patient outcomes too – the definition of higher-value. #NHS #productivity #transformation