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Privately financed hospital faces £100m debt

BMJ 2006; 332 doi: (Published 05 January 2006) Cite this as: BMJ 2006;332:10
  1. Roger Dobson
  1. Abergavenny

    Queen Elizabeth Hospital NHS Trust in London could be £100m ($172m; €145m) in the red within five years, auditors have warned. The cumulative debt could climb to £99.8m by 2009, say the auditors in a public interest report which says the trust is likely to fail to meet its duty to break even. “The trust's cash position is extremely serious. The trust faces a very severe challenge to balance its recurring income and expenditure,” says the report, compiled by PricewaterhouseCoopers.

    Queen Elizabeth Hospital NHS Trust, an acute trust …

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