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NHS England underspends budget by over half a billion

NHS England has underspent its budget by £600m, its annual report has revealed.

Writing in the annual report, NHS England chief executive Simon Stevens said that NHS England ’met each of the financial duties placed on us by Parliament in 2015/16, including once again balancing our budget of just over £100 billion’.

He concluded that: ’In 2015/16 we contributed a £0.6 billion managed underspend to help offset substantial overspends elsewhere.’

NHS England’s ‘Informed’ newsletter said the exact figure was £599m and that this was being ‘contributed’ by NHS England ’to help offset underspends elsewhere’.

An NHS England spokesperson clarified that it would stay with NHS England as a contingency fund for this year.

The news comes after Pulse reported that NHS England may have underspent £163m on primary care last year, as a finance report from NHS England showed that budgeted spend on ‘primary care and secondary dental’ was £10.395bn in 2015/16, but only £10.232bn was actually spent.

Readers' comments (6)

  • wow !

    saving money, GP recruitment up, less GPs retiring, and a 5 year plan - all is well in the NHS. no crisis at all.

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  • Books are well cooked then and small fragment of less negative or modestly positive news. So why does the NHS feel like the most desperate place to work now across every discipline we know perhaps apart from very senior management roles at SKipton House?

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  • Lots of manipulated stats coming out. It is purgatory at the coal face. I've had enough.

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  • Come on Mr Stevens, how do you do it? Is it charisma or magic?
    In 2014 Marlowe Park had the same number of patients around 4000 and total annual payments through Exeter 334k including rent and almost max score of QoF.
    Today rate per patient is at least 7 pounds per patient more but annual payments for year down to 301k.
    Pure mastery because you saved at my poor patients' expense but somehow that saving resulted in half a billion loss to NHS.
    A yacht beside 'Sir BHS' in Monaco with entourage of NHSE bosses, champagne on ice, caviar and topless service?
    I think we need a change of policy makers and those implementing changes.

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  • Ok, that's an underspend..looks like more patients in other deprived areas have been fleeced not just Strood with it's 3-4 times the national average of MH disorders.
    So it's only half a billion declared savings but why has it wreaked so much havoc - that's peanuts compared to the annual NHS budget so why are the fundaments of primary care in jitters?
    It is Monaco after all, I suspect. Must say, I love those conspiracy theories especially when only they make sense.
    Any other plausible explanations anyone?

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  • Whose hip pocket has that gone into Simon, Jeremy?

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