Hospitals take £28m bailout
00:00, 08 September 2013
updated: 11:32, 08 September 2013
A bailout of nearly £30 million was given to the NHS in Maidstone to keep its hospitals running.
The Maidstone and Tunbridge Wells NHS Trust was given £28.3 million by the NHS Commissioning Group, which buys health services across the county, on top of its £367 million budget.
And a further £20 million boost is expected this year.
The money, described by auditors as additional support, was to cover the running costs of the Tunbridge Wells Hospital in Pembury. Built through a private finance initiative (PFI) the building is worth £228 million.
But PFI is similar to a mortgage, with interest added. So over 30 years of monthly repayments the NHS will have shelled out £612 million to developers Laing O’Rourke.
Many of the cash problems stem from a reduction in how much money central government pays per patient and per procedure, which changed after the new Pembury hospital was built.
Finance director John Headley said: “While we have financial support now, our challenge is to stand unaided by ensuring our services are more efficient.”
Latest news
Features
Most popular
- 1
Terrorists who planned to bomb Bluewater are freed from prison
38 - 2
‘A pub, diner or restaurant? Either way, the carpets were minging’
9 - 3
‘Big dog’ brings motorway traffic to a halt
- 4
Large chunk of M20 shut due to ‘police incident’
1 - 5
‘This rat-run bridge isn’t wide enough - someone will be killed soon’