Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
NHS foundation trusts have an “alarming” reported deficit of £321 million – which is five times more than planned, a health regulator has said.
The trusts are under “exceptional pressure” as many of the organisations are struggling with finances while trying to meet patients’ demands, Monitor’s quarterly report warned.
The use of expensive agency staff is also having a negative impact on budgets, the report says – which details performance between October and December last year.
Out of the trusts, 78 (53 per cent) were in the red, of which 60 were acute trusts.
The deficit has risen from £254 million in the previous three months, while it stood at £167 million in the quarter before that.
http://www.independent.co.uk/life-s...ies-with-deficit-of-321-million-10061159.html
The trusts are under “exceptional pressure” as many of the organisations are struggling with finances while trying to meet patients’ demands, Monitor’s quarterly report warned.
The use of expensive agency staff is also having a negative impact on budgets, the report says – which details performance between October and December last year.
Out of the trusts, 78 (53 per cent) were in the red, of which 60 were acute trusts.
The deficit has risen from £254 million in the previous three months, while it stood at £167 million in the quarter before that.
http://www.independent.co.uk/life-s...ies-with-deficit-of-321-million-10061159.html