South Tees Hospital Trust faces £91m cuts

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Jobs could be lost at a health trust which faces making £91m of cuts.

Bosses at South Tees Hospitals NHS Foundation Trust had thought the shortfall would be about £50m.

The trust said it did not "underestimate just how difficult it will be to make these savings" and said job losses were possible.

Health services watchdog Monitor has ordered the trust to formulate a plan to return it to a "sustainable financial position" within three years.

The savings targets are £21.9m this year, £40.1m in 2015-16 and £29m the year after, out of an annual budget of £550m.

Chief executive Tricia Hart said its problems stem partly from not making the annual savings every NHS organisation is required to achieve, leaving the trust having to "catch up".

http://www.bbc.co.uk/news/uk-england-tyne-30004609

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