901474 - NHS Foundation Trusts: Finance (Answered)

Margaret Greenwood
To ask the Secretary of State for Health, what assessment his Department has made of the financial stability of foundation trusts.

George Freeman

The Department and Monitor make continual assessments of the financial performance of foundation trusts via a risk assessment framework which includes monthly reports to Monitor.

Where necessary, interim financing may be provided. The Department will require the development and delivery of a recovery plan and trusts to sign up to a set of conditions aimed at delivering efficiencies.

This Government will invest an additional £10 billion the National Health Service said it needs: £2 billion this year and a commitment to meet the £8 billion identified by NHS England in the Five Year Forward View by 2020.