Debt turn around for NHS trusts
HEALTH trusts in east Suffolk have today reached a crucial turning point in their battle to pay off multi-million pound debts.Overspending, which once stood at a rate of £2000 every hour, has stopped and inroads are being made in to the huge debts from previous years.
HEALTH trusts in east Suffolk have today reached a crucial turning point in their battle to pay off multi-million pound debts.
Overspending, which once stood at a rate of £2000 every hour, has stopped and inroads are being made in to the huge debts from previous years.
A report which was due to go before the board of the Suffolk East Primary Care Trusts (PCTs) today shows that they saved £17.4m in the last financial year.
Carole Taylor-Brown, chief executive of the PCTs, said: “This is a tremendous achievement for everyone involved and shows our financial recovery plan is working.
You may also want to watch:
“I'd like to express my thanks to all members of staff, GPs and colleagues for all their hard work in making this achievement possible.”
Some of the ways money has been saved include:
- 1 Members of 'notorious' Ipswich gang jailed for 19 years
- 2 Updated: Bury Road reopened after two car collision near BMW garage
- 3 Life sentence for man who stabbed and left woman in field near Ipswich
- 4 Ipswich council faces financial black hole over empty BHS store
- 5 Man dies after being struck by lorry near A12
- 6 Semi-pro footballer ready to kickstart Football Fun Factory in Ipswich
- 7 Driver presses ahead with police complaint despite losing speeding trial
- 8 Matchday Recap: Aluko brace not enough as Blues draw at Cambridge
- 9 Ipswich train services cancelled due to signalling system fault
- 10 New details emerge about diesel spill which closed A14 for 12 hours
Prescribing cheaper drugs
Sending less people to hospital and treating them in the community instead.
Reducing the number of staff by not employing new people when others left.
Cutting back on staff training.
Reducing the number of people sent out of Suffolk for specialist treatment.
However, the PCTs still have debts of £19.3m which they need to pay back within the next two years.