All Bailouts articles – Page 5
-
HSJ Local
Imperial considering asking SHA for even more working capital
FINANCE: The £920m-turnover trust, which is already predicting a £35.2m deficit this year, is considering asking NHS London for extra support in the New Year.
-
NewsDebt deferral measures to support would-be foundation trusts
The Department of Health has indicated that the vast majority of trusts needing financial support to achieve foundation trust status will receive it through the deferral of their loan repayments.
-
News
Revealed: the six trusts that need DH support with their PFI
Six hospital trusts have been identified as needing Department of Health cash support with their private finance initiative payments in order to make foundation trust status, HSJ can reveal.
-
NewsCircle's risk on historic Hinchingbrooke deal capped at £7m
Circle Health’s potential loss on its contract to run Hinchingbrooke Health Care Trust has been capped at £7m.
-
NewsLansley sets out 'four tests' for hospital bailout and threatens to sack boards
Andrew Lansley has said trusts who want loans as they try to achieve foundation status will have to pass four tests.
-
NewsExclusive: Mid Staffs needs £80m to avoid financial collapse
Mid Staffordshire Foundation Trust may need as much as £80m government support to pull it out of the financial hole created by its care quality scandal, HSJ has learned.
-
NewsLansley identifies 20 'unsustainable' trusts
The government has identified 20 trusts whose “clinical and financial stability is at risk” because of “cash-flow shortages” and legacy debt.
-
HSJ Local
NHS London expects Imperial to plan for a deficit in 2012-13
FINANCE: The troubled west London acute trust revealed in a finance report that strategic health authority NHS London expects them to plan for a deficit in 2012-13 as well as this financial year.
-
HSJ Local
Southampton gets FT status after DH promise of 'restructured' debt
STRUCTURE: A large hospital trust on the south coast has achieved foundation status, after being told its debt would be “restructured” by the Department of Health.
-
HSJ Local
Imperial 'optimistic' in aiming for £40.3m deficit
FINANCE: The west London hospital trust submitted a plan predicting a £40.3m deficit at the end of the year, a board report confirmed.
-
CommentReview of services in Yorkshire warns of system failure
A high profile review of services in North Yorkshire and York, led by eminent doctor and NHS Confederation medical director Hugo Mascie-Taylor, has come to an end, and is well worth a read*.
-
HSJ Local
Trust pins hopes on merger to avoid referral over deficit
FINANCE: Auditors are considering reporting Whipps Cross University Hospital to the health secretary for failing to break even last year.
-
NewsAspirant FTs to have debt 'restructured'
Aspirant foundation trusts with liquidity or debt problems could have their debt restructured, the Department of Health’s head of provider development has said.
-
CommentSally Gainsbury: Southern Cross offers clue to designating essential services
Those nasty bits in the health reforms where snazzy well-loved hospital buildings were going to get “designated” as essential while boring outpatient and orthopaedic departments were cast aside as ultimately dispensable have gone, right?
-
HSJ Local
Trust sells half its beds to rent them back
FINANCE: A hospital trust has sold half of its beds to a Dutch company for half a million pounds and is leasing them back, HSJ has discovered.
-
News
Foundation trusts borrowing over £1bn from DH
Foundation trusts have secured loans worth more than £1bn from the Department of Health, HSJ can reveal, prompting concern about the impact of increased debts on foundation trust independence.
-
HSJ Local
Barnet and Chase Farm plan on asking for NHS London bailout
FINANCE: A report to the trust’s board said the organisation would make a presentation to NHS London’s Challenged Trust Board in September to ask for funds.
-
HSJ Local
North West London cluster allocates £12.5m in PCT bail-outs
FINANCE: The North West London cluster has ear-marked £12.5m in support for three of its eight primary care trusts - Ealing, Harrow and Hillingdon.
-
HSJ Local
NHS Waltham Forest supported by London's Challenged Trust Board
FINANCE: The north east London primary care trust had £9m allocated to it from the Challenged Trust Board (CTB), a sub committee of the capital’s stategic health authority.
-
HSJ LocalHospital chief executive steps down after board delays FT application
STRUCTURE: A London hospital trust chief executive has stepped down, saying the trust board’s decision to delay its foundation application “has led me to consider my position”.