Wednesday 23 July 2014

Rise in bailouts as more hospitals overspend on budgets

Rise in bailouts as more hospitals overspend on budgets 65 hospital trusts overspent their budgets in 2013-14, compared with 45 trusts the previous year.

The NHS's finances are deteriorating sharply, with more hospitals ending up in the red as they struggle to look after the growing number of patients needing care, government figures reveal.

Sixty-five hospital trusts overspent their budgets by a combined £767m in 2013-14, with 35 of them sharing £536m in non-repayable bailouts in order to keep services running smoothly. Continue reading... The Guardian

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