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23
Oct

Department loans approved for urgent hospital upgrades


Thirteen Trusts will receive £184 million of capital loan funding from the department, approved by the Health Secretary to go towards some of the most urgent hospital upgrades to protect vital frontline patient care.

 

Specific projects include:

 

King’s College Hospital NHS Foundation Trust: £26 million to upgrade IT, replace medical equipment and fund critical upgrades to help the Trust continue providing the best possible services for patients

 

University Hospitals of Derby and Burton NHS Foundation Trust: £11 million to replace two existing theatres in the main block at Queen’s Hospital Burton

 

Norfolk and Norwich University Hospitals NHS Foundation Trust: £21 million to replace equipment, including defibrillators and CT scanners and imaging, as well as funding its radiology, endoscopy and nephrology departments.

 

These loans will be vital in supporting hospital staff to provide the best quality care and reduce any safety or infrastructure risks.

 

Other recipients include:

 

Barts Health NHS Trust (£35,800)

University Hospitals of Morecambe Bay NHS Foundation Trust (£34,000)

King's College Hospital NHS Foundation Trust (£25,903)

Norfolk and Norwich University Hospitals NHS Foundation Trust (£20,874)

Lancashire Teaching Hospitals NHS Foundation Trust (£14,900)

University Hospitals of Derby and Burton NHS Foundation Trust (£11,000)

Queen Elizabeth Hospital King's Lynn NHS Foundation Trust (£9,015)

Barking, Havering and Redbridge University Hospitals NHS Trust (£9,012)

Pennine Acute Hospitals NHS Trust (£8,000)

East Kent NHS Foundation Trust (£4,950)

Gloucestershire Hospitals NHS Foundation Trust (£4,950)

Wye Valley NHS Trust (£3,822)

Shrewsbury and Telford Hospital NHS Trust (£1,622)

 

The loans will ensure that trusts are able to upgrade critical infrastructure and maintenance on buildings, as well as provide the right equipment for staff to carry out their work and provide better patient outcomes.

 

Loans are issued at National Loan Fund (NLF) rates, which means the cost is equivalent to the government’s cost of borrowing.

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