The NHS is entering a period of acute financial pressure and needs to find up to £20 billion in productivity improvements over the next few years. There are particular challenges for the many hospital trusts that enter the ‘cold’ financial climate with deficits and legacy debt. Reconfiguring Hospital Services: Lessons ...
Despite the rapid growth of funding, in 2005/6 NHS trusts in aggregate overspent by more than £1.2 billion, and the NHS as a whole overspent by more than £500 million. More than 60 trusts incurred significant deficits, and turnaround teams were sent in to find out why. Although until recently ...
One in four NHS trusts in England ended 2004 in deficit. The impact of current NHS reforms will be to magnify financial imbalances at a significant number of trusts, with the risk that some of them will fail. But there is no real plan for dealing with failure in the ...