Home   Maidstone   News   Article

Hospitals take £28m bailout

John Headley, director of finance at Maidstone and Tunbridge Wells NHS Trust.
John Headley, director of finance at Maidstone and Tunbridge Wells NHS Trust.

A bailout of nearly £30 million was given to the NHS in Maidstone to keep its hospitals running.

The Maidstone and Tunbridge Wells NHS Trust was given £28.3 million by the NHS Commissioning Group, which buys health services across the county, on top of its £367 million budget.

And a further £20 million boost is expected this year.

The money, described by auditors as additional support, was to cover the running costs of the Tunbridge Wells Hospital in Pembury. Built through a private finance initiative (PFI) the building is worth £228 million.

But PFI is similar to a mortgage, with interest added. So over 30 years of monthly repayments the NHS will have shelled out £612 million to developers Laing O’Rourke.

Many of the cash problems stem from a reduction in how much money central government pays per patient and per procedure, which changed after the new Pembury hospital was built.

Finance director John Headley said: “While we have financial support now, our challenge is to stand unaided by ensuring our services are more efficient.”

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More