Hospitals are massively overspending. But more money is not the answer

Hospitals are massively overspending. But more money is not the answer Forget the revelation that hospitals overspent by almost £1bn last year. The figure that really matters is the Nuffield Trust’s estimate that the true underlying deficit is closer to £4bn. NHS deficit last year twice as high as expected, say sources

One-off bungs and accounting sleight of hand may flatter the Department of Health’s end-of-year figures, but they do nothing to solve the hospital overspending problem, as the health secretary, chancellor and prime minister wrestle over the size and timespan of the anticipated long-term financial settlement for the NHS. The Guardian