The trust which runs King George and Queen’s hospitals has been put into financial special measures.
Regulator NHS Improvement made the decision in order to provide additional support to the Barking, Havering and Redbridge University Hospital Trust.
The chief executive and chair of BHRUT released a joint statement, putting the issue down to an absence of thorough oversight, a loss of financial control, and increased demand on the services.
The statement said: “We reported last year that we were experiencing financial difficulties, which first came to light in the second half of the year when it became clear that our cash flow, and overall financial position, were not as healthy as had been reported.
“As a result of the significant deterioration in our forecast, NHSI has decided, in accordance with its usual procedure, that we should be placed in special measures for finance to provide additional support and so they can be assured that we have control of the situation.
“There are several reasons for the deterioration in our position, including an absence of thorough oversight, a loss of financial control, and increased demand on our services. All of this combined and has meant that we were not able to secure a large sum of performance-related income.
“This is not a reflection of the quality of care we provide. We would like to reassure the public and our patients that all our services remain open, and that we will continue to provide the very best care.”
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Tags: Havering, Redbridge, Barking, BHRUT, NHS, Healthcare, Hospital
