The NHS has improved its financial efficiency but there is still plenty of
room for improvement, according to auditors, with London’s finances under the
The Audit Commission has found a handful of NHS and Primary Care Trusts that
have failed to meet minimum standards under the two separate measurement regimes
Eight of 152 PCTs failed to meet minimum standards in one or more parts of
their assessment under new Use of Resource (UoR) rules.
Nine NHS Trusts faield to meet minimum standards for Auditors’ Local
Evaluation, seven of which were in London.
The two assessments are the financial elements of the Care Quality
Commission’s annual health check.
A further six NHS Trusts and one PCT failed to achieve financial balance in
2008/2009 – with Barking, Havering and Redbridge Hospitals NHS Trust in deficit
to the tune of nearly £36m.
The NHS reported a surplus of £174bn last year, which is about 2% of NHS
Andy McKeon, the Audit Commission’s MD of health, said: “These are
financially uncertain times and with an expected budgetary squeeze on the
horizon it’s reassuring that most NHS trusts and PCTs have got better at
managing their money. But the detail also shows that there is room for
improvement, particularly if future pressures to maintain quality of service and
improve productivity are to be met.
“There is also a handful of hospitals that must act urgently to reach minimum
standards in the way they budget and spend, but the overall financial picture
for the NHS in England shows a year-on-year improvement.”
Report argues that the government must change the way it makes tax and budget decisions
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs
Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Making Tax Digital plans