Thursday, March 19, 2015

NHS deficit could hit £2.5bn this year, warns top health chief

The next government will have to agree huge bailout of health service or face staff cuts and care standards slipping, says NHS Providers boss

The NHS could slip £2.5bn into the red later this year and its financial position could spiral “out of control”, with many hospitals and “vast chunks” of the service running out of money, one of its most senior figures has warned.

The deficit, by far the largest in NHS history, will pose a serious problem for the next government, said Chris Hopson, chief executive of NHS Providers.

Related: NHS budget freeze could lead to two-tier health service, says thinktank

Related: Social care faces '£1bn funding gap by 2015'

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