Almost all UK hospitals are in the red due to NHS crunch – Modern Readers

11 months ago Comments Off on Almost all UK hospitals are in the red due to NHS crunch – Modern Readers

Almost all UK hospitals are in the red due to NHS crunchThe U.K. National Health Society’s (NHS) ongoing financial problems are jeopardizing almost all of England’s hospitals, according to a special report from BBC.

The report cites some troubling statistics, such as 131 out of the 138 hospital trusts in England being in debt from quarter one to quarter three of fiscal 2015-16, or the timeframe from April to December 2015. The NHS, in addition, has overspent to the tune of £2.26 billion as of the current statistics, once expenses for ambulances, mental health, and community services are included in the equation. The primary ingredients of the NHS’ spending include general practitioners, drug prescriptions, public health, and training expenses.

All this has been very disturbing for health and financial experts, due to the NHS’ “alarming” decline in recent years; the above deficit is already close to thrice the deficit in fiscal 2014-15.

“These figures are beyond dire,” said Adam Roberts, a representative of the Health Foundation think tank. “A comprehensive national plan is urgently needed.”

The above data came from NHS regulators Monitor and the Trust Development Authority, and covers a total of 240 trusts, who are estimated to account for approximately two-thirds of the agency’s budget of £116 million.

If the NHS continues overspending at its current rate, the agency may be overspending by £2.8 billion at the end of fiscal 2015-16, though some savings could reduce this figure to £2.4 billion. According to regulator James Mackey, the figures may be “disappointing,” but there seem to be some indications that trusts are saving some money.

Laugh of the day:

Almost all UK hospitals are in the red due to NHS crunch – Modern Readers