PM announces new £1.8bn funding boost

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Prime Minister Boris Johnson has confirmed a new £1.8 billion funding boost, which includes £850 million to upgrade 20 hospitals.

The £850m of new funding is to be used to upgrade outdated equipment and facilities, and includes projects such as a new Integrated Care System for South Yorkshire and Bassetlaw and a single Laboratory Information Management System for Leeds Teaching Hospitals.

It also includes a new hospital build for Greater Manchester Mental Health NHS Foundation Trust at a cost of £72.3 million.

Boris Johnson said “The NHS is always there for us – free at the point of use for everyone in the country. With our doctors and nurses working tirelessly day in day out, this treasured institution truly showcases the very best of Britain.”

“That’s why I made it my immediate task to make sure frontline services have the funding they need, to make a real difference to the lives of NHS staff, and above all, of patients. Today I’m delivering on this promise with a £1.8 billion cash injection – meaning more beds, new wards, and extra life-saving equipment to ensure patients continue to receive world-class care.”

“It’s time to face up to this challenge and make sure the NHS receives the funds it needs, to continue being the best healthcare service in the world.”

Health and Social Care Secretary Matt Hancock said “I love the NHS – and so do the millions of taxpayers and their families cared for by our NHS every month. We owe it to them to make sure they can get the best treatment in the best hospitals.”

“On top of the extra £33.9 billion a year we are giving the NHS, today we are making a downpayment for the future of NHS buildings and facilities, with a £1.8 billion fund to revitalise our hospitals and immediate funding for bigger wards, better mental health units, and state of the art children’s hospitals in areas that need them the most. This is just the start of our Health Infrastructure Plan.”

Responding to reports of a £1.8 billion cash boost for the NHS, Nigel Edwards, Chief Executive of the Nuffield Trust, said “This is a welcome down payment on the staggering £6 billion needed to clear the backlog of NHS maintainence but it will only be a fraction of what it would cost to really upgrade 20 hospitals. Nobody should expect shiny new hospitals in their towns any time soon.”

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Source: HTN Healthtech Newsletter

Date: August 5, 2019