Title:
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FINANCIAL SUSTAINABILITY OF NHS BODIES
THIRTY-FIFTH REPORT OF SESSION 2014-15, REPORT, TOGETHER WITH THE FORMAL MINUTES RELATING TO THE REPORT |
By: |
Great Britain: Parliament: House of Commons: Committee of Public Accounts, Margaret Hodge |
Format: |
Paperback |
List price:
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£6.50 |
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ISBN 10: |
0215081250 |
ISBN 13: |
9780215081254 |
Publisher: |
TSO |
Pub. date: |
3 February, 2015 |
Series: |
House of Commons Papers |
Pages: |
18 |
Synopsis: |
The financial health of NHS bodies has worsened in the last two financial years. The overall net surplus achieved by NHS bodies in 2012-13 of GBP2.1 billion fell to GBP722 million in 2013-14. The percentage of NHS trusts and foundation trusts in deficit increased from 10% in 2012-13 to 26% in 2013-14. Monitor found that 80% of foundation trusts that provide acute hospital services were reporting a deficit by the second quarter of 2014-15. NHS England, Monitor and the NHS Trust Development Authority recognise that radical change is needed to the way services are provided and that extra resources are required if the NHS is to become financially sustainable. The necessary changes will require further upfront investment. Present incentives to reduce A&E attendance and increase community based care services have not had the impact expected. New incentives and strong relationships are needed to promote the more effective collaboration necessary for delivering new models of care. |
Publication: |
UK |
Imprint: |
TSO |
Returns: |
Non-returnable |