Health providers across Copeland are to be given financial help during the Coronavirus crisis with the Government announcing that over £13 billion of debt will be written off as part of a major financial reset for the NHS.
From April 1, over £13 billion of NHS debt will be scrapped as part of a wider package of NHS reforms announced by the Health Secretary today.
The changes will provide much needed financial support during this unprecedented viral pandemic, as well as laying secure foundations for the longer-term commitments set out last year to support the NHS to become more financially sustainable.
This is part of a package of major reforms to the NHS financial system, designed in a collaboration between the Department of Health and Social Care and NHS England, which will begin from the start of the new financial year.
This package is launched in combination with a simpler internal payment system to help NHS trusts in dealing with the coronavirus (COVID-19) response, which was agreed with NHS England last week.
This significant change will mean hospitals will get all the necessary funding to carry out their emergency response, despite many hospitals cancelling or limiting their usual services such as elective surgery or walk-in clinics due to the virus.
Welcoming the news, Trudy Harrison the MP for Copeland, said: “This Government is taking every possible measure to save lives, tackle the disease and ensure the recovery of both our people and the economy.
“I’m pleased the wrongs of previous administrations are being addressed with this huge cash injection which will rightly support our brilliant hospitals.”