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NHS private pay income up 14% in two years

The amount NHS foundation trusts (FTs) earn from private patients has increased 14% in the last two financial years.

This rose from £346.1 million in 2012-13 to £395.9 million for 2014-15 according to their annual accounts which were analysed by HSJ.

The biggest rise in private patient income was at Royal Brompton & Harefield FT which saw a 30.2% increase, from £28.8 million in 2012-13 to £37.5 million in 2014-15.

Private income at The Royal Marsden rose 28.6% from £59.8 million to £76.9 million in the same timeframe.

The Royal Marsden earnt the most from private pay patients (£76.9 million) compared to other FTs. This was followed by Great Ormond Street (£40.9 million) and Royal Brompton & Harefield (£37.5 million).

At Chelsea & Westminster Hospital FT, private income rose 26.6% from £10.9 million to £13.8 million.

In some FTs, private income was either flat or decreased slightly. For instance earnings at Great Ormond Street Hospital for Children fell 1% from £41.3 million to £40.9 million.

Private pay income at London’s King’s College Hospital FT also dropped 4.5%, from £13.2 million to £12.6 million.

Since the introduction of the Health & Social Care Act 2012, an FT’s total income can come from up to 49% of private pay patients. This was raised substantially from the former cap of 2-4% of total income.

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Posted on: 03/08/2015

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