All Bailouts articles – Page 4
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CommentSue Slipman: there must be a line between management and regulation
The trouble with troubleshooters.
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HSJ Local
Trust in merger negotiations secures bail out funding
FINANCE: Talks are under way regarding a potential merger for Heatherwood and Wexham Park Foundation Trust, which has also secured bail-out funding for 2012-13.
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CommentNigel Edwards: how Lansley's big vision got shredded
Does the Health Act leave Lansley powerless?
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HSJ Local
North Cumbria savings target under pressure from 2011 shortfall
FINANCE: Shortfalls in North Cumbria University Hospitals Trust’s 2011-12 savings programme have nearly doubled the cost reductions it will need this year, its latest finance report shows.
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HSJ Local
Mid Essex acute heading for year end deficit
FINANCE: Mid Essex Hospital Services Trust is heading for a deficit at year end after struggling to meet its cost improvement plans.
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News£1.1bn Barts merger gets Lansley sign-off
The health secretary has approved the merger of three London hospital trusts to create an organisation with an estimated turnover of £1.1bn.
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CommentCould an NHS trust be allowed to go bankrupt?
Hospitals in the wrong place at the wrong time are in danger.
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NewsFT faces 'absolutely enormous' £56m loss
A foundation trust with a turnover of just over £200m a year expects to make a loss this year of more than £56m.
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NewsExclusive: Most troubled trust could be allowed to go bankrupt
The most financially troubled hospital trust in England could effectively be allowed go bankrupt and see its work redistributed between the independent sector and other trusts.
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CommentSally Gainsbury: PFI bailouts are a sign of things to come
Those who are worried that the current top-down reconfiguration of the NHS will be the last of its kind received some good cheer last week, when the seven lucky recipients of its £1.5bn private finance initiative bailout scheme were announced.
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NewsPrivate providers attack Monitor failure regime
Private mental health firms are lobbying for deep changes to Monitor’s proposed failure regime, claiming rules putting “patients ahead of creditors” will prevent them from borrowing.
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HSJ Local
Epsom and St Helier secures £5m bailout from cluster to end the year £14m in deficit
FINANCE: The London/Surrey borders trust’s latest finance report said it was planning to hit its revised £14.3 deficit target after “revenue support of £5m has been agreed with sector” and NHS London.
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HSJ Local
NHS Bury forecasts breakeven after £3m additional allocation
FINANCE: The primary care trust was forecasting it would break even for 2011-12 at the end of October after receiving an additional £3m in-year allocation, its latest finance report shows.
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News
CCP rules against largest acute merger plan in the country
The Cooperation and Competition Panel has said plans to create the biggest single trust in the NHS would break competition rules.
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NewsNHS trust sector in England 'heading towards deficit'
The NHS trust sector could be “heading for deficit” in 2011-12. Health economists made the warning after HSJ research revealed deepening problems among the financially weakest providers.
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CommentAll eyes on London's billion-pound merger after SHA sign off
By the time you read this, NHS London will almost certainly have signed off the Barts/Whipps Cross/Newham merger.
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HSJ Local
£1.1bn London acute merger given go-ahead by SHA
STRUCTURE: NHS London has approved the proposed merger between Bart and the London, Whipps Cross and Newham hospitals.
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HSJ Local
Wye Valley seeks SHA support for 'precarious' finances
FINANCE: Wye Valley Trust has warned its cashflow position remains “precarious” and it may not be able to pay its bills on time.
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HSJ Local
NHS London to sign off Barts merger on Tuesday
STRUCTURE: The strategic health authority NHS London will consider the full business case for the merger of Barts and the London, Whipps Cross and Newham University hospitals at an extraordinary meeting on Tuesday.
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HSJ Local
Epsom and St Helier sets lower deficit target after receiving bailout
FINANCE: The London-Surrey borders acute trust is now aiming for a year-end deficit of £14.3m, after its commissioners stepped in with £5m.