Tuesday 16 September 2014

NHS faces mounting financial crisis as deficit heads towards £1bn

NHS faces mounting financial crisis as deficit heads towards £1bn Three-quarters of hospitals could be in the red by end of year without urgent government bailout, warn NHS leaders in private

The NHS is facing a mounting financial crisis with more than half of all hospitals now in deficit and the service likely to end the year almost £1bn in the red.

Two sets of official figures later this week covering the NHS's performance in April, May and June will confirm a sudden, sharp and dramatic deterioration in its financial health between the first three months of 2014 and that quarter. Continue reading... The Guardian

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