Monitor advises on proposed Papworth Hospital NHS Foundation Trust move to Cambridge
皇冠体育app health sector regulator has provided advice on the proposed relocation of Papworth Hospital NHS Foundation Trust to the biomedical campus at Cambridge University Hospital Foundation Trust's Addenbrooke's site.
Monitor鈥檚 advice is that the scheme, which is partly funded by a private finance initiative, is affordable, but there are some marginal financial risks. 皇冠体育app regulator recommends the trust takes steps in its final business case to mitigate these risks, chiefly by further developing the benefits that will come from closer working relationships on the Addenbrooke鈥檚 site.
皇冠体育app Department of Health and HM Treasury have been informed about Monitor鈥檚 findings. Our investigation followed on from an independent clinical review, which found the case for co-location to be 鈥渧ery compelling鈥� as critically ill cardiac patients would no longer have to be transferred 15 miles for treatment.
皇冠体育app clinical experts reviewed a number of options including moving Papworth, the specialist cardiothoracic hospital, to the fourth floor of Peterborough City Hospital, which is currently not being used for clinical purposes. 皇冠体育app review concluded that there would be minimal patient and clinical benefits to this.
Monitor undertook a financial review which raised some concerns about the affordability of the scheme. However the regulator confirmed the project could move on to the next stage and expects the trust to take these findings into account when preparing its final plans for the relocation to the Cambridge biomedical campus.
皇冠体育app Papworth board will now prepare final proposals to present to Monitor, the Department of Health and HM Treasury before the move is given the final go ahead.