Primary care trust cash diverted into hospital deficits

Money from PCT (primary care trusts) budgets in London will be used to pay off £275m of debt from the capital's hospitals.

The 26 PCTs in London without debts will see 1.3% of their budgets go towards paying off the deficits of 10 hospital trusts and Hillingdon PCT. 

A further £304m will be top-sliced from NHS London’s budget to pay off the debts. NHS London predicts London trusts will have accumulated a deficit of £579m by 2011 if no action is taken.

NHS London said the move would ensure all trusts were on an ‘even keel’ and could start implementing Lord Ara Darzi’s ‘Healthcare for London’ proposals together.

tom.ireland@haymarket.com


Related articles

Comment below and tell us what you think

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register

Already registered?

Sign in

Just published

Patient receiving flu vaccination

GP practices denied funding to vaccinate their own staff against flu

GPs have hit out at NHS England over a 'maddeningly frustrating' failure to offer...

BMA junior doctor strike action in 2016

Junior doctors to be balloted on industrial action in early January

The BMA looks set to ballot junior doctors in England on industrial action in early...

BMA sign

BMA sets up first-ever ‘strike fund’ to support industrial action

The BMA is about to release £2m from its reserves to pay for possible ballots on...

Dozens of GPs with suicidal thoughts contact specialist service every month

A specialist mental health service for doctors is being contacted by dozens of GPs...

GP consultation

GPs demand this summer 'matched pre-pandemic winter'

General practice needs urgent support to cope with spiralling demand after appointments...

Talking General Practice

Podcast: Looking after GP mental health at a time of crisis

We speak to Dr Helen Garr, medical director of NHS Practitioner Health, about the...