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News - 11 July 2014

Will the 'free NHS' come to an end?

 In a survey by the Nuffield Trust, nearly half of the 78 health and care leaders felt the status quo would not remain because of the squeeze on funding, and that the NHS in England will no longer be free at the point of use within 10 years.

 
The government called this an "unrealistic picture", but Labour said NHS finances were in a "dire state".
 
Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“Currently the health service gets just over £100bn a year. The Nuffield Trust review of spending since 2010 highlighted the growing number of NHS trusts falling into deficit as a sign of growing problems in the health service and that another £2bn a year may be needed to keep pace with demand. Provisional figures for 2013-14 show 66 out of nearly 249 trusts finished the year in the red, with an overall deficit of about £100m, compared with a £383m surplus the year before.”
 
The warning comes after similar claims by the Health Select Committee and bodies such as the Royal College of Nursing and Royal College of GPs in the past fortnight.
 
Rob Webster, chief executive of the NHS Confederation which represents NHS trusts, said: "Staff have worked incredibly hard over the last four years to deliver unprecedented savings while public finances have been constrained, but the challenge is getting much more difficult."
 
Shadow health secretary Andy Burnham said: "Everywhere you look, there are signs of an NHS now heading rapidly in the wrong direction.”
 
But Health Minister Lord Howe said: "These predictions are pessimistic and paint an unrealistic picture of how our NHS is working."
 
He acknowledged unprecedented demands were being placed on some parts of the NHS, but pointed out that the budget had been protected during this Parliament.
 
For those who are looking for a more personal approach on a range of individual and business related issues, contact us at ABDS.
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
Brilliant with numbers  
Great with people  
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Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
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