Magazine article Public Finance

Bromley Pledges to Follow 'Cost-Reducing Policy' after Damning Review

Magazine article Public Finance

Bromley Pledges to Follow 'Cost-Reducing Policy' after Damning Review

Article excerpt

Bromley Hospitals NHS Trust's financial management fell below minimum standards, according to the 2007/08 Auditors' Local Evaluation, exacerbating the trust's dire financial situation.

With a £9m deficit In 2007/08 and an accumulated debt of £87m, the trust - along with the strategic hearth authority NHS London commissioned an independent review of Its financial management and governance.

The review by Independent investigator and former NHS trust chief executive Michael Taylor, published on September 25, gave a damning analysis of failure within the Bromley trust to manage its finances or clinical care. 'Until 2007/08 the trust board did not meet Its conjoint responsibilities for effective clinical care and effective financial management. It favoured the former at the expense of the latter,' it said. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.