NHS warned to make big­ger cuts

Halifax Courier - - Uk+world -

HOS­PI­TAL bosses have been warned by a reg­u­la­tor that they may need to make about 50 per cent more ef­fi­ciency sav­ings than al­ready de­manded by health chiefs, be­cause of fac­tors such as higher-than-ex­pected in­fla­tion.

Mon­i­tor, which over­sees NHS foun­da­tion trusts and as­sesses ap­pli­ca­tions for foun­da­tion sta­tus, has writ­ten to lo­cal health chiefs af­ter sig­nif­i­cantly re­vis­ing its fi­nan­cial as­sump­tions.

It sug­gested av­er­age sav­ings of up to seven per cent a year may be re­quired, com­pared with the an­nual four per cent called for by the Depart­ment of Health.

The DoH said Mon­i­tor’s as­sess­ment was the “more pes­simistic” of two sce­nar­ios set out by the reg­u­la­tor.

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