FINANCE: King’s College Hospital reported that private patients from the financially-stricken state owe it £1.8m.
A report to the trust’s board in September said the south London foundation trust was £1.4m behind its target for private patient income in August.
It states: “Cash received from private patients is currently £1.4m behind the cumulative cash target at month five, but is expected to be recovered by year end.”
However, it adds: “It should be noted that £1.8m is currently outstanding from Greek private patient activity. This is being actively chased and £500,000 is due to be received at the end of the month.”
King’s has a turnover of £583m.
Finance paper page 51 (see attached, right)