University Hospitals Coventry and Warwickshire NHS Trust: Finance

(asked on 18th October 2018) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, whether he has made representations to the Chancellor of the Exchequer on additional funding for University Hospitals Coventry and Warwickshire NHS Trust as a result of that Trust being classified as requiring improvement.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 23rd October 2018

Trusts are not awarded funding as a result of Care Quality Commission reports or ratings. In the case of University Hospitals Coventry and Warwickshire NHS Trust, we are not aware of any specific quality improvement funding requests. NHS Improvement would normally manage any quality improvement funding required for challenged trusts from within its own budget.

If trusts need to apply for extra capital, the main source in the National Health Service is from internally generated sources of cash, which for trusts has to be within their Capital Resource Limit total issued by NHS Improvement. NHS Providers can also apply to the Department for a range of financing, generally loans and public dividend capital.

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