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
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.