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.
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.
NHS foundation trusts under pressure from rising demand. London: Monitor, September 19th 2014.
NHS foundation trusts: quarterly performance report. London: Monitor, September 19th 2014.
This relates to:
Performance of the foundation trust sector: 3 months ended 30 June 2014. London: Monitor, September 18th 2014.
Also of interest:
Pym, H. (2014). NHS finances – pressures, deficits and challenges. London: BBC Health News, September 19th 2014.
Infographic: NHS foundation trust performance. London: Monitor, September 19th 2014.
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.
Manel, J. (2014). NHS trusts borrowing heavily from state bailout fund. London: PM, BBC Radio 4 / BBC Health News, October 30th 2014.
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.
NHS trusts’ deficit rises to £822m. London: BBC Health News, May 22nd 2015.
Connolly, M-L. (2015). NI Audit Office: Health facing ‘unprecedented financial challenge’. London: BBC Health News / BBC Northern Ireland, May 26th 2015.