STRENGTH IN NUMBERS

Strength in Numbers dedicated to my late mother Kay

REVEALED: At least a third of hospitals ‘could go BUST’ in NHS debt timebomb

An in-depth survey of 196 finance directors covering NHS hospitals, community care, mental health and ambulance services has uncovered a financial ticking time-bomb.

If savings aren’t made and the Government doesn’t plug the funding gap by 2020, experts say “a debate” will be needed about what services the NHS can continue to offer. The frightening figures come from a survey of NHS finance bosses across England, Northern Ireland, Wales and Scotland.

Out of those questioned, 77 per cent of hospital bosses predict they will be in debt by the end of this financial year. They represent 36 per cent of the nation’s hospitals. However, the true figure of those spiralling into debt could be considerably higher as not all finance directors took part in the survey.

Click on the link to read more

http://www.express.co.uk/news/uk/589553/NHS-debt-hospitals-bust-health-service-summer-Budget-2015

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Filed under: Hospital, , , , ,

Doubling of NHS trusts which can’t balance books

The future of the NHS is at risk, MPs have warned, as they highlight “deeply alarming” figures showing the number of hospitals being bailed out by Government has doubled in a year. A report by the National Audit Office (NAO) shows that in the last financial year, 31 hospitals have received handouts to the tune of half a billion pounds. The previous year, 16 trusts received financial help, amounting to £263 million. Meanwhile, the gross deficit of NHS trusts has almost tripled in just 12 months, reaching £743m in 2013/14, the figures show, a trend described as “extraordinary”. Last year, 63 trusts ended the year in the red, compared with 25 the previous year

Click on the link to read more

http://www.telegraph.co.uk/health/healthnews/11214162/Doubling-of-NHS-trusts-which-cant-balance-books.html

Click on the link to read the  full report from the National Audit Office

http://www.nao.org.uk/wp-content/uploads/2014/11/The-financial-sustainability-of-NHS-bodies.pdf

 

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Filed under: Uncategorized, , , ,

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