NHS Improvement has decided to place Barking, Havering and Redbridge University Hospitals NHS Trust into special measures for financial reasons after the trust reported a rapid and significant deterioration in its in year finances.
Barking, Havering and Redbridge University Hospitals NHS Trust has seen a significant and rapid deterioration in its financial position over the last few months.
We are concerned about the speed and pace of this decline and so are taking quick action to prevent the financial situation getting worse.
Our action is designed to give the trust the immediate and direct intensive support to rapidly improve its finances, while continuing to provide the safe, high quality care its patients deserve.
Ian Dalton, Chief Executive of NHS Improvement
A financial improvement director has been appointed to provide the trust with extra help and oversight. The organisation will also be required to draw up and deliver a plan to improve its finances, which NHS Improvement will closely monitor.