While the net overspend represents slightly less than 1 per cent of the total NHS spend and affects a minority of organisations, it does represent a deterioration over time.
Many people are wondering how the NHS could overspend even by this much given the unprecedented increases in funding it has received – an average of around 9 per cent cash increase each year since 1999 and even higher levels in the last few years.
This briefing analyses what is known about the causes of current deficits.
No. of pages: 8