The Astonishing Cost of Slowing Down 5G Rollout: £1bn in Yearly Farewell to NHS Savings


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2023-09-15 21:00:06

Table
  1. 5G Rollout Slows Down, NHS Faces £1bn Loss in Savings Each Year
    1. Significance of 5G Technology in Healthcare Settings
    2. Vodafone's Proposed Merger and the Future of 5G in the UK

5G Rollout Slows Down, NHS Faces £1bn Loss in Savings Each Year

The National Health Service (NHS) is set to face a significant loss of £1 billion in savings annually due to the slow rollout of 5G technology, according to new research. The potential savings could be equivalent to employing 15,400 full-time nurses, helping to alleviate the pressure on front-line staff.

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Vodafone's proposed merger with Three will play a crucial role in creating a leading 5G network in Europe, resulting in substantial investments in the UK and supporting the implementation of 5G-enabled technologies in public services. This advancement would enable more patient care to be conducted remotely, leveraging high-speed and high-quality video connections.

A study commissioned by Vodafone revealed that without the quick implementation of 5G across the UK, the NHS will miss out on £1 billion in savings annually. This loss could have a significant impact on the organization's ability to provide quality care and cope with the growing demands caused by the ageing population.

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Additionally, local councils could also suffer from a loss of savings, as 5G-enabled technologies have the potential to reduce social care spending by 5%. To address this issue, there is currently £40 million available in 5G Innovation Regions funding for councils, which would help fill the gap in social care funding.

As the population continues to age, the strain on the NHS and social services is projected to increase. Estimates suggest that £79 billion of public spending will be required to meet these needs. 5G-enabled technologies are seen as essential in tackling these challenges. ⚕️

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Significance of 5G Technology in Healthcare Settings

The integration of 5G technology in healthcare settings offers numerous benefits, particularly in remote patient care. The high-speed and high-quality video connections facilitated by 5G would enable doctors to deliver quality care quickly and efficiently to patients at home. This also has the potential to empower individuals to better manage their health, allowing them to live independently for longer and potentially reducing the need for additional care.

Care homes can also leverage the advantages of 5G. Sensors that can monitor residents in real time would enhance the care provided by staff and alleviate burnout. Data sharing between care providers and hospitals would become faster, easier, and more secure. Research suggests that these innovative measures could save £296,000 per 100 users annually, with potential savings of up to £17.5 billion by 2038. However, these savings can only be realized if nationwide 5G is rolled out rapidly.

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Vodafone's Proposed Merger and the Future of 5G in the UK

The merger between Vodafone UK and Three UK will result in one of Europe's leading 5G networks. By combining their resources, the new network will be able to invest billions in the UK, supporting the implementation of 5G-enabled improvements in public services. This merger is crucial for the rapid development of nationwide 5G coverage and the realization of its potential for transforming healthcare delivery.

Ahmed Essam, CEO of Vodafone UK, emphasizes the transformative impact of 5G technology on healthcare and the potential savings it can provide for the NHS. He also highlights breakthroughs such as at-home health scanning, personal devices, and real-time access to medical expertise. To fully leverage these advancements and benefits, nationwide 5G coverage needs to be swiftly established. The proposed merger with Three UK would streamline this process and expedite the rollout of 5G, allowing everyone to experience its advantages sooner.

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Stephen Hammond MP, former Minister of State for Health, recognizes the importance of embracing innovative solutions like 5G-enabled technology to modernize healthcare delivery. He highlights the transformative potential of remote consultations and in-home health monitoring in improving efficiency and health outcomes. With careful implementation, 5G presents an enormous opportunity to deliver savings and build a future-ready NHS.

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