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Substantial improvements ends trust's 'significant breach' status with regulator

Poole Hospital has been released from ‘significant breach’ of its foundation trust authorisation by the regulator, Monitor.

Monitor announced the step in recognition of ‘substantial improvements’ to the Trust’s governance and financial arrangements.

The Trust was placed in ‘significant breach’ in July 2010 following poor financial performance in 2009/10.

Since this time, new executive and non-executive directors, including chief executive and chairman, have been appointed. Progress has been made in a range of areas, with the Trust anticipating a small financial surplus this year.

The regulator reached its conclusion following a series of regular meetings with the Trust’s senior management over the past 18 months.

Chris Bown, chief executive of Poole Hospital NHS Foundation Trust, welcomed today’s announcement.

"I am extremely pleased that the enormous contribution that our staff have made in bringing the Trust back into financial health has been recognised,” he said.

"The position we find ourselves in today means we can move forward and meet the real challenges we, and the wider NHS, faces in a far stronger position.

"It is to the enormous credit of all staff that in meeting these challenges, the care our patients receive - and that Poole Hospital rightly enjoys an enviable reputation for - remained a key priority.”

Date: 23 January 2012

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Poole Hospital NHS Foundation Trust, Longfleet Road, Poole, Dorset BH15 2JB. Tel: 01202 665511

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