NHS Financial Deficit Rises Towards £500m (BBC News / Monitor / NHS TDA)

Summary

The deficit for the NHS in England during the first few months of the financial year was nearly £500m, largely due to rising demand.

A total of 86 out of 147 NHS foundation trusts in England are running up deficits. Monitor reported a deficit of £167m during the first quarter of 2014-15; higher than the £80m forecast.

The data for the non-foundation trusts for the first four months of the financial year, released by the NHS Trust Development Authority, shows a £300m deficit; compared with the £224m forecast. Thirty-three out of 98 non-foundation trusts are in deficit.

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Reference

Triggle, N. (2014). NHS finances ‘worsening’ as deficit nears £500m. London: BBC Health News, September 19th 2014.

NHS Foundation Trusts: Quarterly Performance Report (Monitor)

Trusts were under “unprecedented pressure”, arising from causes including nearly 100,000 extra emergency patients treated between April and June 2014, significant increases in non-emergency patients, cost saving pressures and an over-reliance on agency staff.

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Reference

NHS foundation trusts under pressure from rising demand. London: Monitor, September 19th 2014.

Further information:

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Reference

NHS foundation trusts: quarterly performance report. London: Monitor, September 19th 2014.

This relates to:

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Reference

Performance of the foundation trust sector: 3 months ended 30 June 2014. London: Monitor, September 18th 2014.

Also of interest:

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Reference

Pym, H. (2014). NHS finances – pressures, deficits and challenges. London: BBC Health News, September 19th 2014.

An infographic:

Infographic Link

Reference

Infographic: NHS foundation trust performance. London: Monitor, September 19th 2014.

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Reference

NHS foundation trusts in England ‘£321m in deficit’. London: BBC Health News, February 21st 2015.

State Bailouts (BBC News)

NHS hospital trusts continue to draw on government bailouts to plug funding shortfalls.

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Reference

Manel, J. (2014). NHS trusts borrowing heavily from state bailout fund. London: PM, BBC Radio 4 / BBC Health News, October 30th 2014.

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Reference

Pym, H. (2015). NHS finances: a likely headache for the next government. London: BBC Health News, March 19th 2015.

May 2015 Update: Trust Deficits Exceed £820 Million

Figures from Monitor show that Foundation Trusts have increased their combined deficit by £349 million, while other (non-Foundation) trusts are now £473 million in the red. NHS Trusts in England accumulated a total deficit of £822 million for 2014-15, compared with £115 million in the previous year. Spending on agency staff is out of control.

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Reference

NHS trusts’ deficit rises to £822m. London: BBC Health News, May 22nd 2015.

Northern Ireland

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Reference

Connolly, M-L. (2015). NI Audit Office: Health facing ‘unprecedented financial challenge’. London: BBC Health News / BBC Northern Ireland, May 26th 2015.

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About Dementia and Elderly Care News

Dementia and Elderly Care News. Wolverhampton Medical Institute: WMI. (jh)
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