MANCHESTER, England, September 16, 2011 /PRNewswire/ --

Many failing NHS hospitals across the UK will be bailed out by the taxpayer in a £5 billion rescue mission, according to a leading figure.

Tony Blair's former health adviser Prof Paul Corrigan says that up to 40 trusts do not have enough money and therefore will need radical action to succeed.

In a report published by the Reform think tank, the professor argues that the NHS hospitals must either change the way they operate, close down or ask to be rescued by the Government.

Mr Corrigan claims that in order for the hospitals to survive under financial pressures, the trusts need to develop new models where they specialise in a particular field rather than do everything, that being either patient diagnostic or treatment.

The report further advices that rather than being kept in expensive wards, patients are treated in the community or at home using new technologies. The article states that hospitals have become "static islands" and that too many in the NHS are diluting quality of care.

Many trusts have "unsustainable business models" and Corrigan estimates that 30 will never balance their books. Lord Crisp, the former chief executive of the NHS, made similar remarks recently.

Real Business Recovery are experts in business recovery and have a number of services for businesses that are looking for some help. Whether you are looking into invoice factoring to improve cash flow, considering confidential invoice discounting, or in need of information on how to close a limited company; get specialist advice from a reputable business recovery firm.

If like the NHS you too need to make informed decisions about your struggling business, make sure you use the leading business recovery professionals at Real Business Recovery today to help safeguard jobs and the value of your company.

Ring the friendly specialists now on 0800 231 60 40 for free confidential advice, or simply visit realbusinessrecovery.co.uk.  

Media Contact Details
Name: Real Business Recovery
Company Name: Real Business Recovery
Telephone Number: +44(0)1772-785982
Email: advice@realbusinessrecovery.co.uk

SOURCE Real Business Recovery