Richard Murray, Candace Imison, Joni Jabbal
Kings Fund, 9 October 2014- This report describes the current financial state of the NHS and the reasons for the deterioration in financial performance and ultimately financial failure.
- Key findings
- Even the best managed organisations face a financial struggle in the current climate.
- The balancing act between finance and performance cannot be maintained.
- There are many factors that contribute to financial failure and some of these are not under the control of one organisation.
- There is a lack of leadership within local health economies following the abolition of strategic health authorities.
- National bodies need to agree a shared approach to dealing with funding challenges.
