- 6 updates
NHS trusts 'need to up financial game' as more fall into the red
More NHS foundation trusts are struggling with finances, a report has found. The study from Monitor, which regulates England's 147 foundation trusts, said 39 trusts are now in deficit. The combined financial hole of these trusts is £180 million.
Live updates
NHS trusts 'performing well' despite financial struggle
NHS Foundation Trusts are performing well despite pressure on services, a health spokesman for the Conservative Party said, after a report found that more trusts were struggling with finances. The spokesman added:
Monitor: NHS 'facing tough financial climate'
Jason Dorsett, finance director at Monitor says: "It's a tough financial climate for the NHS at the moment. The government has put more money into the NHS but the population is getting larger, people are getting older so that money has got to go further every year.
"So what we're finding is not that foundation trusts are in great difficulties, but there are closer to the margin, they've got less surplus to go around."
Advertisement
Midlands is most 'financially challenged' region
A study from Monitor, which regulates England's 147 foundation trusts, said 39 trusts are now in deficit, almost double the 21 in the same period last year and more than the 24 expected.
The combined financial hole of these trusts is £180 million - higher than the £168 million anticipated, with 60% of the deficit concentrated in five organisations. A further 17 trusts have "very small" deficits.
The Midlands is the most "financially challenged" region, with 14 of its 38 trusts being in deficit, including Peterborough, Mid Staffordshire, Sherwood Forest and Milton Keynes, the report said.
Overall, 40% (33) of acute trusts, 20% (one) of ambulance trusts, 11% (two) of specialist trusts and 7% (three) of mental health trusts are in deficit.
NHS trusts 'need to up their financial game'
A report showing the number of NHS foundation trusts breaching an urgent cancer target has more than quadrupled in a year also showed trusts had delivered "efficiency savings" of £867 million so far in 2014 -18% (£185 million) behind what they had planned for this stage.
Hospitals missing cancer targets: Report's key findings
The Government target is for 85% of patients with suspected cancer to start treatment within 62 days of being urgently referred by their GP.
Monitor's report shows:
- 18 trusts breached this target, up from 12 the previous quarter and compared with four in the same period in 2012
- 39 trusts are now in financial deficit - almost double the same period last year
- 1.6 million patients were waiting for treatment in December - 14% higher than December 2012
- 28 foundation trusts failed the four-hour A&E waiting time target from October-December 2013
- Of England's 147 NHS Foundation Trusts, 26 are currently in breach of their licence
- 8 of those trusts are in special measures
Number of hospitals missing cancer targets 'quadruples'
The number of NHS hospitals breaching an urgent cancer target has more than quadrupled in a year, a report by health sector regulator Monitor has found.
Figures for October to December last year show that 18 trusts breached a key target for urgent cancer referrals, a performance that has fallen to its lowest level in two years.