FINANCE: The foundation was among the 12 per cent of NHS trusts whose 2009-10 reference cost submissions were materially inaccurate, the Audit Commission reported today.

All trust must submit annually a report on how much it costs them to perform each service they provide. The figures are used to ascertain average costs across the NHS, which are in turn used as the baseline for setting national “tariff” prices for services.

The commission found that both the approach to costing and the level of senior engagement with the process were below minimum standards at Blackpool Teaching Hospitals FT. The trust’s activity reporting and data capture systems were “at minimum standards”.