PFI scheme is blamed for financial collapse of Peterborough and Stamford trustBMJ 2013; 346 doi: https://doi.org/10.1136/bmj.f3735 (Published 07 June 2013) Cite this as: BMJ 2013;346:f3735
- Matthew Limb
A hospital trust that went ahead with a private finance initiative deal despite warnings over its affordability has been declared “financially unstable in its current form” by the health sector regulator, Monitor.
Peterborough and Stamford Hospitals NHS Foundation Trust, which had already faced criticism from MPs over its “catastrophic” private finance initiative (PFI), would fail to pay staff if it did not receive a lifeline from the Department of Health for England, Monitor said.
The trust had built up …