NHS: Finance

(asked on 18th April 2019) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, how much funding from the (a) Sustainability and Transformation Fund and (b) subsequent Provider Sustainability Fund has been (i) awarded to and (ii) spent by (A) NHS trusts, (B) NHS foundation trusts in each financial year since 2016-17.


Answered by
Stephen Hammond Portrait
Stephen Hammond
This question was answered on 25th April 2019

The amounts received by National Health Service trusts and foundations trusts from the Provider Sustainability Fund (PSF) have been published by NHS Improvement at the following links:

2016-17: https://improvement.nhs.uk/documents/1264/M12_201617_provider_sector_performance_report_-_Fin_Accts_-_FINAL.pdf

2017-18:

https://improvement.nhs.uk/documents/2852/Quarter_4_2017-18_performance_report.pdf

The final distribution of the 2018-19 PSF will be published by NHS Improvement on 30 May 2019.

NHS trusts’ expenditure is not reported by its income stream; therefore, it is not possible to determine what proportion of the PSF has been spent, though the intention of the fund is that it directly improves trust’s bottom-line surplus/deficit position.

The balance sheet shows all assets and liabilities held by trusts. However, trusts do not report the source of these assets, i.e. it is not possible to determine what proportion of cash held relates to the PSF.

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