Costs of Calderdale Hospital’s Private Finance Initiative – aka Perfect Financial Incompetence

Calderdale Royal Hospital is notorious for being one of the most costly, least accountable Private Finance Initiatives in the NHS.

Repaying the ever-growing PFI debt currently takes about 10% of Calderdale CCG’s annual budget, and this is set to rise.

At the April 2013 meeting of the Calderdale CCG Governing Body,  it was noted that Private Finance Initiative payments for Calderdale hospital will be £24 m this year (they increase each year) – almost 10% of the 2013 annual budget of £256m.
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Posted from here.