FINANCE: One of England’s most prestigious teaching hospital trusts has been forced to revise down the amount of private income it plans to generate this year.

Imperial College Healthcare Trust said a spike in NHS activity had forced it to downgrade its earning projections from non-NHS work.

Imperial College London

The trust is forecasting a deficit of £18.5m this financial year

The organisation’s most recent board papers reveal it has revised the full year planned private income for 2015-16 down to £44m from £49.2m.

The £1bn-turnover trust earned £43m from private work in 2014-15.

A trust spokeswoman said: “Increased pressure on NHS services this year has meant that much of our infrastructure is being highly utilised. This has limited our ability to expand our private care within our current estate.”

The trust’s most recent board papers said it had hit the national 92 per cent target for elective waiting times and the 95 per cent target for A&E waiting times in June and July.

The organisation is forecasting a deficit of £18.5m this financial year.