THE future of the Mid Yorkshire Hospitals Trust has been thrown into doubt today after bosses admitted they cannot balance the books.
The trust, which runs Pinderfields Hospital, is losing £100,000 a day and is expected to be £26m in the red by the end of the financial year.
And its current financial situation means it will fail to make the change to becoming a Foundation Trust, an elite status required by the government, by 2014.
All NHS trusts must balance their books to achieve the status or face major reorganisation, government ministers have warned.
Stephen Eames, Mid Yorkshire’s interim chief executive, said today: “Looking at the historical financial position and the position going forward, it’s not possible for the trust to progress to Foundation Trust status in the foreseeable future.”
Mid Yorkshire, which has already implemented a series of cost-saving measures, said it was working to find a way forward, which could include partnering with other NHS providers and is expected to have drawn up a plan by the autumn.
Proposals being considered by the trust include centralising all its emergency and complex services at Pinderfields.