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Weekly Edition - Published 8 August 2015

 

Local News Report - Mobile Page

 

Foundation trust to take action over finances following investigation by regulator

THE Wirral University Teaching Hospital NHS Foundation Trust has said that it will take action to improve its finances, following an investigation by Monitor. If you do not know who Monitor is, they are the regulator for health services sector in England, whose job it is, to protect and promote the interests of patients by ensuring that the whole sector works for their benefit.

Monitor has found that there are reasonable grounds to suspect the trust, which provides a range of acute and community services, has breached its licence to provide health services. So now the trust will have to develop and implement plans to improve its financial position. It will also take steps to ensure it can continue to provide its services on a financially sustainable basis. Monitor has also added a further condition to the trust's licence that requires an improvement in the performance of its board in dealing with the issues the trust faces. This will enable the health regulator to take further regulatory action in future if necessary.

The regulator also examined the trust's A&E performance. This part of the investigation has been closed without further formal regulatory action because of the steps the trust is taking to improve. 

Paul Chandler, Regional Director at Monitor, said:- "Patients rely on the services Wirral University Teaching Hospital NHS Foundation Trust provides. That's why we have taken action to ensure the trust improves its finances. It will also take steps to make sure it can continue to provide services in a financially sustainable way."

The trust will report to Monitor on its progress and the regulator may take further action if required.

 

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