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Trusts not meeting financial targets. Are providers spending within budgets?

Are providers spending within budgets?

Some NHS providers that claimed to be on track with their financial plans midway through 2016/17 are now predicting significant declines.

Several trusts (including King’s College Hospital, Staffordshire and Stoke on Trent Partnership and University Hospitals North Midlands) have revised their year-end forecasts by up to £20m

Analysis by the Health Service Journal reveals that a forecasting protocol, introduced by the NHS Improvement regulator in October, caused some confusion. Some elements of the sustainability and transformation fund (STF) appear to have been double-counted due to planned appeals against missed payments.

Some trusts that had revised their mid-year forecast were required to complete additional assurance stages before NHS Improvement would accept their new forecast, which was not possible in time for the regulator’s mid-year report.

NHS Improvement had forecast at the end of September a year-end deficit of £670m, which includes the £1.8bn STF. The planned deficit for the year is £580m.

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