PERFORMANCE: The regulator Monitor has launched an investigation into Royal Berkshire Foundation Trust following concerns about its waiting time data.

The trust has identified problems with its data on patient waiting times, raising questions about its ability to meet national waiting time targets.

Monitor is also concerned that the trust, which last year reported revenues of £343.6m, is predicting that it may suffer larger financial losses this year than previously thought.

In the first quarter of this financial year the trust predicted that it would end 2014-15 with a deficit of £3.7m. The trust ended the last financial year with a £6.8m deficit.

Royal Berkshire’s poor performance on the four-hour accident and emergency waiting standard last year prompted Monitor to open an official investigation into the trust’s compliance with its licence.

Performance since has appeared to have improved, with the trust performing slightly above the 95 per cent in the first quarter of this year.

Paul Streat, regional director at Monitor, said: “We are investigating because of problems with the trust’s financial position, and because there are potential concerns with the way it manages patient waiting lists.

“Since August, the trust’s new chief executive has made some progress with tackling these issues, including making the trust leadership more effective.

“However, we need to make sure the trust is doing enough to fix these problems and improve how the hospital is run for its patients.”