News story

Monitor launches 4 financial investigations at hospitals in the north of England

Health regulator Monitor has launched investigations which will look into finances at 4 unrelated foundations trusts in the north of England.

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The investigations will look into the state of finances in these hospitals and find out what can be done to improve things on behalf of patients in the region.

Monitor has opened investigations at:

  • City Hospitals Sunderland NHS Foundation Trust
  • Gateshead Health NHS Foundation Trust
  • Lancashire Teaching Hospitals NHS Foundation Trust
  • Wirral University Teaching Hospital NHS Foundation Trust

Paul Chandler, Regional Director at Monitor, said:

People rely on their local hospitals and they want to know that they will be able to continue to receive high quality care for years to come.

We have launched these investigations to find out more about the financial situation at each trust and to establish what can be done to improve things.

Monitor has not yet decided whether regulatory action will be required, but will announce the outcome of its investigation in due course.

Published 6 March 2015