Financial Special Measures were introduced by NHS England and NHS Improvement to support the ongoing improvement of Trusts’ financial and operational performance. This is part of wider measures being taken nationally to ensure the financial sustainability of the NHS.
East Kent Hospitals was placed in Financial Special Measures in March 2017 because the Trust is forecasting a significant financial deficit and not meeting its Control Total. Control totals are set by NHSI and are a trust’s year-end target against its budget.
Matthew Kershaw, Chief Executive, said: “Building on our improvement journey, which has seen the Trust being removed from quality special measures, our work with NHSI has already started and will continue as a priority as we move into the new financial year.
“We will build on the good progress we have made on reducing spend on agency staff and our average monthly deficit. We are committed to continuing this improvement with robust plans to reach our control total at the end of 2017/18.
“We are working across the Trust and with our partners to improve quality, safety, performance and the use of resources, to deliver services that better meet the needs of patients both now and in the future.”