NHS foundation trusts: consolidated accounts 2015/16

This report presents a consolidation of the audited accounts of the 153 individual NHS foundation trusts for the financial year 1 April 2015 to 31 March 2016. It finds that in 2015/16 the foundation trust sector has delivered a deficit of £1,088 million for as a result of sustained financial pressures. The report reflects that newly introduced measures have started to have a positive impact but the overall performance of the sector has been affected by high usage of agency staff, financial sanctions, a shortfall of cost savings and a reduction in non-recurrent income. < /p > < ul > < li > < a href= " https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/539781/56446_HC_402_Web_only.pdf " > Report < /a > < /li > < li > < a href= " https://www.gov.uk/government/publications/nhs-foundation-trusts-consolidated-accounts-201516 " > NHS Improvement publications < /a > < /li > < /ul >
Source: Health Management Specialist Library - Category: UK Health Authors: Tags: NHS finances and productivity Source Type: blogs