Tuesday, 15 March 2016

NHS struggling to plug a £22bn funding 'black hole', says report

NHS struggling to plug a £22bn funding 'black hole', says report In 2014-15, NHS trusts in England had a net deficit of £843m, down from £91m recorded in 2013-14 and a £592m surplus in 2012-13.

The NHS in England lacks a convincing plan to plug a £22bn “black hole” in funding within five years, according to parliament’s spending watchdog.

A significant number of acute hospital trusts are in “serious and persistent financial distress”, there is a “spiralling” trend of increased deficits and the current payment system is “not fit for purpose”, the public accounts committee said.  Continue reading... The Guardian

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