Monday 18 July 2016

NHS hospitals borrowed record £2.8bn from government last year

NHS hospitals borrowed record £2.8bn from government last year Two-thirds of hospital trusts needed emergency bailouts to pay wages and bills

The government had to lend cash-strapped hospitals a record £2.825bn in the last financial year so they could pay staff wages, energy bills and for drugs needed to treat patients.

The Department of Health was forced to provide emergency bailouts on an unprecedented scale to two-thirds of hospital trusts in the 2015-16 financial year because they were set to run out of money, the Guardian can reveal. Continue reading... The Guardian

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