The Royal Bournemouth and Christchurch Hospitals NHS Foundation Trust is under investigation by the health sector regulator, Monitor, following a deterioration in its financial position.
The Trust is responsible for services in Bournemouth, Christchurch, East Dorset and part of the New Forest, and looks after over half a million people. It has forecast a deficit of over £10 million for the current financial year.
Monitor will be reviewing financial management at the Trust, examining the reasons for the deterioration in its financial position and considering what can be done to improve the situation.
Paul Streat, Regional Director at Monitor, said:
“Patients rely on the services provided by Royal Bournemouth and Christchurch and we want to make sure the trust gets to grips with its finances as quickly as possible.
“We will examine what has caused the deterioration and find out what needs to be done to improve things.
“No decision has been taken on whether further regulatory action is needed, but Monitor will announce the outcome of its investigation in due course.”
Monitor has also voiced concerns about A&E waiting times at the Trust, and managers have already been tasked with taking the necessary steps to improve its A&E performance.