The health service is facing a £10bn black hole by 2020 as it struggles to make £22bn in planned efficiency savings, according to a new report.Analysis by the Chartered Institute of Public Finance and Accountancy (Cipfa) suggested quality of care could suffer and costs would be higher if the funding gap is not filled.
The report said the health service was facing new pressures since the Five Year Forward View was devised in 2014 and the additional £8.4bn in funding announced by the Government last year was being “used to plug short-term gaps”.
NHS Facing ‘A £10bn Black Hole’ By 2020
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