Figures published by NHS Improvement show the provider sector ended 2015-16 with a deficit of £2.45bn.
This was £460m worse than the revised plan, and £650m worse than the £1.8bn “control total” set by regulators.
The deficit includes the benefit of £324m worth of “capital to revenue transfers”, where deferred capital spending was used to boost the revenue position.
Figures reported locally by NHS trusts, as revealed by HSJ yesterday, suggested the sector deficit was closer to £2.7bn. It is not yet clear why there is a discrepancy, although papers published by NHSI refer to other “one-off technical measures” between December and March, which may not have been reported locally.
Some trusts may not have included the benefit of capital to revenue transfers in their year-end board papers.
Jim Mackey, the regulator’s chief executive, said: “The key now is for us all to work together to make the necessary improvements in 2016-17, to reduce any variations in the quality of care for patients, and to bring the NHS provider sector back into financial balance.”
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Official figures reveal £2.45bn NHS provider deficit