The Department of Health and Social Care will need a £4.8bn boost 'just to stand still' due to a massive overspend this financial year, experts have warned
The Department of Health and Social Care will need a £4.8bn boost 'just to stand still' due to a massive overspend this financial year, experts have warnedand spending cuts expected in next week’s Budget in order to fix the NHS will be wiped out to the tune of almost £5bn because of a massive overspend this financial year, health experts have warned.
Closer to 4 per cent is needed if the Government wants to meet its promise to bring down record waiting lists and fund pay settlements agreed with doctors and other healthcare staff – as well as protect capital and public health budgets, they said. With health spending expected to receive a 3-4 per cent rise next week, the think-tank said it remains to be seen whether that is extra money for the DHSC to help fund the transfers it has already made to keep the NHS afloat this year and last – or whether that rise is essentially what the NHS has already received, but just not yet formally announced.
Separate analysis by the Health Foundation think tank suggests that a lack of investment in infrastructure and technology is hampering productivity. “There will understandably be pressure on government from the public for immediate improvements in the NHS, including bringing down record waiting times. However,. To see real improvement in the NHS there will need to be a commitment to long term higher than inflation funding.
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