A Shelford Group trust is seeking further financial support from the Department of Health and Social Care after forecasting a deficit of almost £100m.
Cambridge University Hospitals Foundation Trust has rejected its “control total” target for 2018-19 and instead planned a deficit of £93m.
After four months of the year, the FT was £40m in the red, which it said was in line with the full year plan.
A report to the September board meeting said there were “ongoing discussions with NHS Improvement and Department of Health on support for the structural element of the deficit”.
The note cited debt restructuring and the trust’s “eHopsital” system, which includes its electronic patient record. HSJ has previously reported how the launch of the trust’s Epic IT system led to financial difficulties.
According to analysis by HSJ earlier this year, the trust owed £263m to the DHSC at the end of 2017-18, representing around a third of its turnover. Most of this related to revenue loans which the trust has drawn down to support its cash position.
It has reported deficits of £32m, £56m and £77m in 2017-18, 2016-17 and 2015-16 respectively.
The FT was placed in quality special measures in 2015 but exited the regime after being rated “good” by the Care Quality Commission in January 2017. It is not in financial special measures.
A trust spokesman said: “Along with other trusts in the country, Cambridge University Hospitals NHS Foundation Trust is working with NHS Improvement and the Department of Health to try to ensure a fair allocation of the new funding promised to the NHS in the autumn statement.”