South London NHS Trust to be Dissolved
Tory Health Secretary Jeremy Hunt has announced that the South London NHS Trust shall be dissolved by October 1, 2013.
Putting flesh on the bones, he said all the financial matters failed to be resolved for the Trust. South London Healthcare Trust is the most financially handicapped organization of NHS with a deficit of £65 million per annum. So, eventually in the wake of financial problems he called it quits for the Trust.
A spokesperson for the Trust said, "The implementation phase is just getting off the ground and this would be part of the development work that takes place during this phase."
After proper consultations with its commissioners and the London Strategic Health Authority, Health Secretary, Hon Friend the Leader of the House, a committee was organized. In July 2012, Matthew Kershaw was appointed as Trust Special administrator for the matter.
After loads of discussions, recommendations were given to terminate the Trust by October 2013. Keeping the motto of NHS alive, Mr. Hunt has decided to retain A&E department of the Lewisham Hospital.
South London NHS Trust had been losing more than £1 million every week and a debt of more than £200 million would have been conceded over a year. In the interests of people, Trust Special administrator decided to lay down his arms on South London NHS Trust.
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