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NHS deficits hit 'massive' £930m | NHS deficits hit 'massive' £930m |
(about 3 hours later) | |
NHS trusts in England have racked up a £930m deficit in the first three months of the financial year - that is more than the entire overspend last year. | NHS trusts in England have racked up a £930m deficit in the first three months of the financial year - that is more than the entire overspend last year. |
Regulators said the problems were the "worst for a generation" and demanded immediate action be taken. | Regulators said the problems were the "worst for a generation" and demanded immediate action be taken. |
The scale of the deficits - eight in 10 trusts are in the red - also prompted warnings that care would suffer. | The scale of the deficits - eight in 10 trusts are in the red - also prompted warnings that care would suffer. |
The accounts cover hospital, mental health, ambulance and some community services. | The accounts cover hospital, mental health, ambulance and some community services. |
Between them they account for about two-thirds of the NHS's £116bn budget - with the rest going on other areas including GPs, drug prescribing and training. | Between them they account for about two-thirds of the NHS's £116bn budget - with the rest going on other areas including GPs, drug prescribing and training. |
Last year, NHS trusts overspent by £822m - with the health service as a whole balancing the books only after a cash injection from the Treasury and by raiding the capital budget earmarked for buildings. | Last year, NHS trusts overspent by £822m - with the health service as a whole balancing the books only after a cash injection from the Treasury and by raiding the capital budget earmarked for buildings. |
But it is thought unlikely there will be the money in the system to plug the shortfall if the financial situation continues to deteriorate in this way. | But it is thought unlikely there will be the money in the system to plug the shortfall if the financial situation continues to deteriorate in this way. |
It has been suggested the deficit among the 237 NHS trusts could top £2bn this year. | It has been suggested the deficit among the 237 NHS trusts could top £2bn this year. |
The figures released by the two regulators - Monitor and the Trust Development Authority - show the NHS is on track for that as spending pressures do tend to ease as the financial year goes on. | The figures released by the two regulators - Monitor and the Trust Development Authority - show the NHS is on track for that as spending pressures do tend to ease as the financial year goes on. |
Nonetheless, trusts - and in particular hospitals - are now under pressure from regulators to make savings. | Nonetheless, trusts - and in particular hospitals - are now under pressure from regulators to make savings. |
Spending on agency staff has been highlighted as one of the biggest potential savings, but the accounts also show that rising demands year-on-year have been gradually making it harder for trust to break even. | Spending on agency staff has been highlighted as one of the biggest potential savings, but the accounts also show that rising demands year-on-year have been gradually making it harder for trust to break even. |
David Bennett, chief executive of Monitor, said: "Today figures reiterate the sector is under massive pressure and must change to counter it. | David Bennett, chief executive of Monitor, said: "Today figures reiterate the sector is under massive pressure and must change to counter it. |
"The NHS simply can no longer afford operationally and financially to operate in the way it has been and must act now to deliver the substantial efficiency gains required." | "The NHS simply can no longer afford operationally and financially to operate in the way it has been and must act now to deliver the substantial efficiency gains required." |
However, most experts believe the NHS has little wriggle room to improve its performance. | However, most experts believe the NHS has little wriggle room to improve its performance. |
Chancellor George Osborne said: "More than £2bn extra are going into our health service this year with more to come. | |
"Clearly the NHS has to spend that money well and deal with things like rip-off nursing agencies and management consultancies that charge too much. | |
"We want the money going to the frontline." | |
'Challenging' | 'Challenging' |
Nigel Edwards, chief executive of the Nuffield Trust think-tank, said: "Financial problems on this scale cannot be explained by individual pockets of mismanagement - we are looking at a systematic problem across the health service. | Nigel Edwards, chief executive of the Nuffield Trust think-tank, said: "Financial problems on this scale cannot be explained by individual pockets of mismanagement - we are looking at a systematic problem across the health service. |
"It is becoming increasingly impossible to provide quality standards, timely access to care and financial control at the same time." | "It is becoming increasingly impossible to provide quality standards, timely access to care and financial control at the same time." |
Paul Healy, from the NHS Confederation, which represents trusts, said: "Hospitals and other front-line organisations have all-but exhausted their options for becoming more efficient." | Paul Healy, from the NHS Confederation, which represents trusts, said: "Hospitals and other front-line organisations have all-but exhausted their options for becoming more efficient." |
He said it was important that the extra money being promised to the NHS this Parliament was front-loaded so that most of it came in the first few years. | He said it was important that the extra money being promised to the NHS this Parliament was front-loaded so that most of it came in the first few years. |
But the Department of Health said there were still savings that could be made - and it expected performance would improve as the year goes on. | But the Department of Health said there were still savings that could be made - and it expected performance would improve as the year goes on. |
Analysis: Do deficits matter? | Analysis: Do deficits matter? |
It is easy to be blase about NHS deficits and think the money will always be found to bail out the health service. That is the case - but only to a certain extent. | It is easy to be blase about NHS deficits and think the money will always be found to bail out the health service. That is the case - but only to a certain extent. |
While there are a number of trusts that have been overspending for years and have been kept afloat by the wider system, the support is not endless. | While there are a number of trusts that have been overspending for years and have been kept afloat by the wider system, the support is not endless. |
Three years ago, South London Healthcare, which ran three hospitals, was allowed to go under after racking up large deficits. | Three years ago, South London Healthcare, which ran three hospitals, was allowed to go under after racking up large deficits. |
However, the problem this year goes beyond individual NHS trusts and to the very heart of government. | However, the problem this year goes beyond individual NHS trusts and to the very heart of government. |
A deficit on the scale of £2bn among trusts will make it incredibly difficult for the Department of Health to balance the books overall. | A deficit on the scale of £2bn among trusts will make it incredibly difficult for the Department of Health to balance the books overall. |
If that happens, it will have to go cap in hand to the Treasury. For a service that is being protected from cuts to have to do this raises some very difficult questions all round. | If that happens, it will have to go cap in hand to the Treasury. For a service that is being protected from cuts to have to do this raises some very difficult questions all round. |
Alongside the financial data, the regulators have also warned about worsening waiting times for hospital treatment. | Alongside the financial data, the regulators have also warned about worsening waiting times for hospital treatment. |
Latest figures show: | Latest figures show: |
Newcastle upon Tyne Hospitals NHS Foundation Trust chief executive Sir Len Fenwick, the longest-serving hospitals boss in the health service, told the BBC the pressures were likely to mean winter would be extremely difficult. | Newcastle upon Tyne Hospitals NHS Foundation Trust chief executive Sir Len Fenwick, the longest-serving hospitals boss in the health service, told the BBC the pressures were likely to mean winter would be extremely difficult. |
He predicted non-emergency operations would need to be delayed to help hospitals cope. | He predicted non-emergency operations would need to be delayed to help hospitals cope. |
"In the coming winter, we do believe there will be greater pressures than ever before," he added. | "In the coming winter, we do believe there will be greater pressures than ever before," he added. |