NHS deficit shrinks by two thirds in a year, latest performance data show The NHS deficit has shrunk by two thirds in the past year – from £2.4 billion to £791 million – the figures on financial performance for the last quarter of 2016-17 show.
This represents an improvement of £1.7 billion, driven by savings of over £3.1 billion (3.7%), with over £700 million saved on locum and agency use during the year, says NHS Improvement.
This is against a backdrop of rising demand and a significant increase in delayed transfers of care: providers experienced a 24.5% increase in delayed days in 2016-17 compared with 2015-16, it says.
Jim Mackey, chief executive of NHS Improvement, said the NHS had achieved “the impossible” over the past year. OnMedica
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