NHS in England reveals £2.45bn record deficit NHS financial experts say true scale of overspend is even higher but has been hidden by use of ‘accounting tricks’
The NHS in England has run up a record deficit of £2.45bn – the biggest overspend in its history – as it struggles to cope with a surge in demand for care while suffering a major budget squeeze.
Official figures released on Friday by NHS Improvement showed that NHS trusts in England, which predominantly run hospitals, ended the 2015-16 financial year £461m worse than the organisation had forecast. The combined deficit is almost three times bigger than the £822m overspend incurred the year before, and more than 20 times the size of the £115m deficit as recently as 2013-14. Continue reading... The Guardian
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The NHS in England has run up a record deficit of £2.45bn – the biggest overspend in its history – as it struggles to cope with a surge in demand for care while suffering a major budget squeeze.
Official figures released on Friday by NHS Improvement showed that NHS trusts in England, which predominantly run hospitals, ended the 2015-16 financial year £461m worse than the organisation had forecast. The combined deficit is almost three times bigger than the £822m overspend incurred the year before, and more than 20 times the size of the £115m deficit as recently as 2013-14. Continue reading... The Guardian
See also:
- The King's Fund response to NHS Improvement's end-of-year financial figures for NHS trusts The King's Fund
- Care 'could suffer' as NHS busts budget BBC News
- Free universal healthcare questioned after record overspend by hospitals The Daily Telegraph
- NHS figures are bad, but the true underlying deficit may be even worse The Guardian
- Why has the NHS deficit ballooned? One word: understaffing The Guardian
- The Guardian view on NHS finances: even the fantasy figures look bad | Editorial The Guardian
- 7 out of 10 NHS providers ended the year in deficit OnMedica
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