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PFI (private finance initiative) is crippling NHS hospital trusts, according to a report from the IPPR thinktank, as they will have to make another £55bn in payments by the time … Read more

An acute trust is hoping to be among the first organisations to use a new form of private financing to help fund a replacement hospital. Princess Alexandra Hospital Trust is … Read more

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Private providers

The Healthcare Safety Investigation Branch has warned, in  a report published today, that private finance initiative contracts and cost pressures could present a “systemic barrier” for trusts responding to patient … Read more

Higher levels of capital investment have been promised for the NHS, but there are still big decisions to be made about the sources of funding and the way it gets … Read more

The NHS has been warned of “crippling” cost pressures from its PFI contracts over the next decade, when aggregate repayments on the deals will reach their peak. The warning has … Read more

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Since the introduction of the PFI, if part of the NHS needs capital investment a contract is drawn up between the Trust and a consortium of bankers, builders and service … Read more

A trust hopes to restart construction work on its new hospital in October after the government terminated the private finance contract which funded the project. Sandwell and West Birmingham Trust … Read more

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Full Article: European Service Strategy, 8 May 2018 The article proposes that service contracts are renegotiated so that the public authorities contract directly with the providers, not via the SPV. … Read more

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Contingency plans are in operation across 14 NHS trusts after the collapse of construction and facilities management company Carillion. Staff from NHS Improvement were deployed on Monday at six of … Read more

Andy McDonald, Labour MP for Middlesbrough has voiced concern over the “shoddily-built” £75m Roseberry Park mental health hospital. The hospital only opened seven years ago, but has suffered problems with … Read more

A trust faces a £48m repair bill to make one of its hospitals safe because of loopholes in the drafting of its private finance initiative contract, Department of Health documents … Read more

The NHS is “leaking” money to private companies in contracts to build and run hospitals, a report says. Under the Private Finance Initiative (PFI), companies provide money for new hospitals … Read more

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