BusinessBusiness RecoveryReview to cure fiancial ills of NHS

Review to cure fiancial ills of NHS

A review ordered by health secretary Patricia Hewitt into NHS financial management and accounting should provide solutions to the crisis in the health service finances

According to Audit Commission chief executive Steve Bundred, the review will
provide deeper knowledge on improving the financial performance of the NHS.

His comments came as part of a joint report with the National Audit Office
which raised concerns about the quality of financial information used by health
managers.

Bundred blamed the health service’s financial woes on ‘systemic issues’ and
‘local failings’, and stressed ‘the requirement for high-quality, timely
accounts’ in the NHS.

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