The Rotherham NHS Foundation Trust (TRFT) has been formally notified by Monitor, the independent regulator for Foundation Trusts, that they find TRFT to be in significant breach of the terms of its Authorisation. This is due to our failure to address certain financial problems promptly and effectively. Monitor has decided to take regulatory action to ensure we improve our financial position and assure that the care and experience that our patients need and want is delivered in a sustainable way, now and in the future. It is very important that our staff, patients and the public understand that Monitor has the right to exercise what are called “intervention” powers and could take over the control of the Trust. However, because Monitor is satisfied that the Trust is taking all necessary measures towards recovery, they have decided not to exercise those powers and together the management and staff of the Trust will achieve the recovery.
Today’s announcement is the result of several months of review and discussion between us and our regulator and it is important that we reassure those in our care and those people who rely on our services, that this is in no way a reflection on the quality of care we offer and neither Monitor nor the CQC (Care Quality Commission) have raised any concerns about the quality of patient care. The safety and experience of our patients always comes first and that is not in question.
Peter Lee, Chairman at TRFT says: “We fully acknowledge Monitor’s decision to place the Trust in significant breach but I can assure our patients, staff and the people of Rotherham that we have already begun to implement the changes that are required. We are committed to ensuring the future sustainability of the Trust and we remain focused on continuing to deliver high quality services and safe care and for our community. We are determined to secure a long term healthy future for this Trust for the people who need, want and deserve a high quality of health care in Rotherham and further afield”.
We will continue to be driven by the need to provide safe and high quality care and will take the actions necessary to drive further efficiencies to ensure financial stability.