14th March 2011

News from the NHS Innovation Expo

Government will not give trusts cash to buy themselves out of crippling PFI contracts, DH leader reveals

THE Government has ruled out providing financial help to hospital trusts struggling to meet PFI repayments.

Matthew Kershaw, director of provider delivery at the Department of Health (DH), told delegates at this week’s Innovation Expo 2011 in London that while the Government was planning to look more closely at the issue of PFI, there would be no golden goose.
He added: “At the moment a lot of organisations are saying that PFI is the reason they cannot achieve foundation trust (FT) status. We need to first assess if that is true. We do not think it is only that. It is likely that the number that say they have an issue with PFI is 10 times greater than those that really do.
Click here to read more of this HES article