FINANCE: The South Eeast London primary care trust cluster is to take £126m out of its providers in quality, innovation, productivity and prevention (QIPP) savings over the next four years.
The group of six primary care trusts has set out how much disinvestment they plan at each of their main acute providers.
The multi-million pound disinvestments total £164m when they also take into account the totals for 2010-11.
King’s College Hospital Foundation Trust will see £26m taken out over the four financial years ending 2014-15, with £10m this year and £8.1m in 2012-13.
Guy’s and St Thomas’ Foundation Trust is looking at losing £20.6m under QIPP in the same period, with £5.2 coming out in 2011-12 and £7.4m in 2012-13.
The cluster includes Lambeth, Southwark, Lewisham, Greenwich, Bexley and Bromley primary care trusts.
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SEL cluster document (see attached, right)