Peterborough and Stamford Hospitals NHS Foundation Trust

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Type of Trust
NHS hospital trust
Trust Details
Last annual budget£222 million
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Peterborough and Stamford Hospitals NHS Foundation Trust was one of the first ten NHS Foundation Trusts in England in 2004. It ran Peterborough City Hospital and Stamford and Rutland Hospital. It was one of six centres used by the Defence Medical Services. The trust merged with Hinchingbrooke Health Care NHS Trust in 2017 to become North West Anglia NHS Foundation Trust.

Contents

History

Established in 1993, Peterborough Hospitals NHS Trust comprised two hospitals, Peterborough District Hospital and Edith Cavell Hospital. In 2002 Stamford and Rutland Hospital in Lincolnshire joined the trust. In 2006 Peterborough and Stamford Hospitals NHS Foundation Trust was rated one of the country's top performing NHS acute trusts [1] and, in 2004, it became one of the first ten NHS foundation trusts in England.

The new hospital in Peterborough was financed through the Private Finance Initiative and has led the Trust into acute financial difficulties. It has an underlying deficit of £37 million a year on a turnover of £222 million. [2] It is unclear how its financial problems can be resolved. In July 2016 the trust announced that it needed £650m of central financial support over the next 26 years to finance the £1.8 billion contract. [3]

A redevelopment programme for Stamford Hospital was approved in October 2013. [4]

In January 2014 it was reported that Circle Health could table a rescue bid for the Trust involving partnering it with nearby Hinchingbrooke Hospital. [5] The bid never materialised, but in July 2016 it was announced that the two trusts were planning to merge in 2017. [6]

Performance

The trust was one of 26 responsible for half of the national growth in patients waiting more than four hours in accident and emergency over the 2014/5 winter. [7]

It spent £18.7 million, 7.5% of its total turnover, on agency staff in 2014/5. [8]

See also

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North West Anglia NHS Foundation Trust

North West Anglia NHS Foundation Trust was formed on 1 April 2017 from the acquisition of Hinchingbrooke Health Care NHS Trust by Peterborough and Stamford Hospitals NHS Foundation Trust. It runs Peterborough City Hospital, Stamford and Rutland Hospital and Hinchingbrooke Hospital. It is one of six centres used by the Defence Medical Services.

References

  1. ↑ The annual health check: assessing and rating the NHS Archived 28 November 2007 at the Wayback Machine (pp.22, 34 & 69) Commission for Healthcare Audit and Inspection, October 2006
  2. ↑ "Peterborough City Hospital PFI cost threat to Trust". BBC News. 7 June 2013. Retrieved 1 November 2013.
  3. ↑ "Merger trust predicts it needs £650m bailout". Health Service Journal. 27 July 2016. Retrieved 29 October 2016.
  4. ↑ "Stamford Hospital redevelopment gets final approval". Rutland and Stamford Mercury. 9 October 2013. Retrieved 1 November 2013.
  5. ↑ "Circle mulls bid to partner Peterborough with Hinchingbrooke". Health Service Journal. 7 January 2014. Retrieved 12 January 2014.
  6. ↑ "Hinchingbrooke and Peterborough to draw up 2017 merger plan". Health Service Journal. 22 July 2016. Retrieved 3 November 2016.
  7. ↑ "26 trusts responsible for half of national A&E target breach". Health Service Journal. 1 April 2015. Retrieved 3 May 2015.
  8. ↑ "Agency spending: the real picture". Health Service Journal. 26 November 2015. Retrieved 23 December 2015.
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