Friday, 3 July 2015

Financial problems 'now endemic' in NHS England, says King's Fund

Financial problems 'now endemic' in NHS England, says King's Fund

Leading thinktank’s survey of financial directors finds two-thirds of all NHS trusts are forecasting deficits, even the most prestigious and well-run hospitals

Patients in England face poorer NHS and social care, including longer waiting times, because of the financial “black hole” that looms over hospitals and other services, says a leading thinktank.

The King’s Fund warns that already unprecedented deficits reported by trusts for the last financial year will be much worse in future unless the government stumps up more cash or the Department of Health allows the NHS to overspend its £116.4bn budget for 2015-16. Guardian
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