News story

Monitor to investigate finances at hospitals in Halifax and Huddersfield

Monitor has opened an investigation into Calderdale and Huddersfield NHS Foundation Trust to understand why its finances have deteriorated.

As part of the health sector regulator鈥檚 investigation it will look into whether the trust鈥檚 leadership could have prevented the recent deterioration in its financial position.

皇冠体育app trust鈥檚 latest financial projections show that it could be around 拢4 million in deficit, when it originally planned for a 拢3 million surplus.

Monitor is seeking to fully understand this problem and explore what can be done to put it right on behalf of patients.

Paul Chandler, Regional Director at Monitor, said:

This investigation will scrutinise the trust鈥檚 finances and examine ways to effectively address these problems on behalf of local patients.

We will also look into whether the trust鈥檚 leadership could have prevented the recent deterioration in its finances.

皇冠体育app trust has been working with its commissioners and other local partners to make it sustainable in the long term. Monitor believes that this work should continue, but at greater pace.

Monitor will publish the outcome of its investigation in due course and set out what, if any, regulatory action it will take.

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Published 14 November 2014