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King's Fund warns of an impending CCG financial crisis

Only a third of CCG financial leads are confident that they will have balanced their books by the 2015/16 financial year, amid signs of a looming ‘financial crunch’ as NHS efficiency savings take hold.

The latest King’s Fund quarterly monitoring report, which was published today and is based on 47 responses, also found that one in eight CCGs expect to have overspent their budget for the financial year just ended.

With regards to CCG performance, the report indicated they are on the whole holding up against key performance indicators, such as the ‘four hour target’ in A&E departments, but that waiting lists for inpatient treatments are growing - with 9.6% of patients waiting more than 18 weeks in January.

But it comes as CCGs are being asked to find efficiencies to release £1.9bn to fund a large chunk (equivalent to around £10 million for an average CCG) of the £3.8bn ‘Better Care’ fund for integration of health and social care in England. To meet this savings expectation, King’s Fund policy director Richard Murray said CCGs would need to shift activity and resources from hospitals to the community - prediciting emergency admissions will have to drop by 15%.

He said: ‘As the implications for hospitals of implementing the Better Care Fund sink in, there is a growing recognition that the NHS will face a financial crisis in 2015/16, if not before.’

‘It is now certain that the next government will need to find more funding for the NHS or accept significant cuts to services.’

Readers' comments (3)

  • Hey ho, the overpaid GPs will just have to find the cash to bail out 'their' CCG, after all it is a membership organisation.
    Does that mean I can ask to be a member or a far distant CCG that is not in deficit?

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  • Vinci Ho

    What do you expect? Money saved by this efficiency saving was used to plug holes of debts from the financial crisis. The government wants to save even more because of they want the GDP to rise even faster . It was so 'proud' to show off compared with other countries.
    Darth Vader was so 'kind and merciful' to re-inject £50 million for a pilot in Ministry of Truth style . This is already in the expense of funding cut in vital areas like mental health, care of elderly etc.
    There are three kinds of lies, lies , damned lies and statistics.
    Efficiency saving, take a pick , mate .

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  • Vinci Ho

    Time is 15:06
    When you walk through a storm, hold your head up high
    And don’t be afraid of the dark
    At the end of the storm, there’s a golden sky
    And the sweet, silver song of a lark

    Walk on through the wind
    Walk on through the rain
    Though your dreams be tossed and blown

    Walk on, walk on
    With hope in your heart
    And you’ll never walk alone
    You’ll never walk alone

    Walk on, walk on
    With hope in your heart
    And you’ll never walk alone
    You’ll never walk alone

    25 years on
    Hillsborough 15/4/1989............
    Tiananmen Square 4/6/1989.........

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