The state of NHS finances 2024/25

MariaPCC 6 June 2024

This report examines the financial challenge facing NHS organisations in 2024/25 and finds that the main challenge facing NHS leaders and their staff is how they balance their books while protecting patient safety, given many organisations are having to achieve significant efficiency savings. The survey of NHS leaders carried out by the NHS Confederation shows that many NHS organisations are having to meet high efficiency targets of 5% and beyond, with some as high as 11%. This is the tightest financial position NHS organisations have faced in years.

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