Tuesday, June 26, 2012

3 hospitals in UK NHS face imminent dissolution due to debts-BBC

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6/26/12, "South London Healthcare faces being dissolved," BBC

"An NHS hospital trust has been formally warned it could be declared bust - in the first case of its kind.

South London Healthcare, which runs three hospitals, had debts of £69m at the start of the financial year.

The health secretary has told the trust an administrator could be brought in within weeks. The trust could be dissolved and some services closed.

A spokesman for the trust reassured patients that services would be run "as normal" until a decision was made.

The trust runs the Princess Royal University Hospital in Orpington, Queen Mary's Hospital in Sidcup, and the Queen Elizabeth Hospital in Woolwich.

When the three hospitals became one organisation they inherited a large debt - mainly from the private finance initiative (PFI) that had been used for the buildings at Orpington and Woolwich."...

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