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NHS trusts were almost £3 billion deeper in the red at the end of last year than was reported in their official accounts, according to new figures.
Nuffield Trust analysis of accounts and financial data published by NHS regulators found an underlying overspend of £3.7 billion at the end of 2016/17, compared to the £791 million reported by the regulators.
The health charity said the reported figure had been "flattered by billions of pounds' worth of one-off savings, temporary extra funding and accountancy changes that did nothing to improve the underlying state of provider finances".
They also found that providers will face £2.2 billion in unfunded inflation this year - £500 million higher than was planned.
https://www.shropshirestar.com/news...ion-more-than-accounts-stated-figures-reveal/
Nuffield Trust analysis of accounts and financial data published by NHS regulators found an underlying overspend of £3.7 billion at the end of 2016/17, compared to the £791 million reported by the regulators.
The health charity said the reported figure had been "flattered by billions of pounds' worth of one-off savings, temporary extra funding and accountancy changes that did nothing to improve the underlying state of provider finances".
They also found that providers will face £2.2 billion in unfunded inflation this year - £500 million higher than was planned.
https://www.shropshirestar.com/news...ion-more-than-accounts-stated-figures-reveal/