The position is so critical that it would take astonishing optimism to believe that the health service can be saved from ruinThe public accounts committee’s verdict on hospital finances could hardly be more damning. Its report on the financial performance of acute hospital trusts concluded that they are deteriorating “at a severe and rapid pace. In case anyone was in any doubt,it says this trend is not sustainable.
The deficit could pass £2.5bn by the terminate of the financial year. Accountancy games may get the final figure down to £1.8bn, but that will achieve nothing to address the underlying problem. Continue reading...
Source: theguardian.com