The King's Fund statement on Observer article

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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

  1. For further information or interviews, please contact the King’s Fund media and public relations office on 020 7307 2585, 020 7307 2632 or 020 7307 2581. An ISDN line is available for interviews on 020 7637 0185.
  2. The King’s Fund is an independent charitable foundation working for better health, especially in London. We carry out research, policy analysis and development activities, working on our own, in partnerships, and through funding. We are a major resource to people working in health and social care, offering leadership development programmes; seminars and workshops; publications; information and library services; and conference and meeting facilities.