FINANCE: Portsmouth Hospitals Trust has been given a £6m bailout by the Department of Health.
The trust was given £6.2m by the DH in April, published departmental accounts reveal.
A spokeswoman for the the DH said: “Portsmouth were provided with a one-off cash injection to help improve its working capital cycle.”
DH information (attached)
August 2013
The man responsible for managing Britain’s nuclear deterrent has been handed the job of overseeing the NHS’s finances as part of a welter of appointments to the new joint executive team for NHS England and NHS Improvement.
A region’s first specialist children’s hospital – combining physical and mental health services – may be opened in 2023 now the government has approved up to £100m for the long-planned project, the lead chief executive has told HSJ.
The Department of Health and Social Care has confirmed the trusts and partnerships which will receive capital funding worth around £900m for building developments.
A deficit ridden acute trust has rejected a demand by NHS Improvement to deliver a £23m surplus in 2018-19, with local commissioners criticising the imposed target.
A heart patient is believed to have died after not receiving treatment quickly enough due to a troubled hospital’s cardiac unit being used “extensively” for extra bed capacity.
Three patients suffered severe harm because their chest x-rays were among tens of thousands of tests not reviewed properly at Portsmouth Hospitals Trust.
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