An article in today's Observer newspaper states that The King's Fund has produced a new report into NHS finances and productivity (Patients miss out as NHS cash floods in, Sunday 18 March).
The King's Fund would like to clarify that while the figures quoted in the article are accurate they are not based on a new report.
The figures were taken from analysis the King's Fund provided for a Radio 4 Today programme investigation into NHS finances that was broadcast in January 2007.
This analysis was based on an update to a King's Fund briefing published in February 2006, Where's the money going?. This analysed new data to reveal how much extra NHS funding is being absorbed by higher pay and other cost pressures, and how much is left over for other developments.
The original data for The King's Fund analysis was taken from a number of Department of Health documents, published annually, and setting out factors contributing to increased costs of providing hospital services as part of the annual tariff setting process of Payment by Results. These documents can be found on the DH website.
Notes to editors:
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