"The Department, NHS England, Monitor and the NHS TDA need to take a more holistic, coordinated approach to tackling trusts’ persistent financial problems and move beyond quick fixes to cut trusts’ spending. Until there is a clear pathway for trusts to get back to financial stability, we cannot be confident that value for money, defined as financial and service sustainability, will be achieved."
Sustainability and financial performance of acute hospital trusts
National Audit Office
December 2015
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