Thursday 31 August 2017

NHS hospitals deeper in the red than reported, new analysis shows

NHS hospitals deeper in the red than reported, new analysis shows NHS trusts ended last year with an underlying overspend almost £3 billion more than was reported in their official accounts, according to new analysis by the Nuffield Trust think tank. Without more funding for the NHS, hospitals are unlikely to recover any time soon from a mismatch between the money they receive and the cost of providing patient care, the research shows.

The briefing, is based on analysing the accounts and financial data published by NHS regulators. By stripping out temporary funding boosts and one-off savings, it finds that NHS trusts ended last year (2016/17) with an underlying overspend of £3.7 billion. This was far higher than the £791 million reported by NHS regulators.

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