Peterborough District Hospital Site Sold For Housing

Video FlyOver

08:25 Tuesday 26th November 2013
BBC Radio Cambridgeshire

[P]AUL STAINTON: It’s been derelict for more than two years, but now the former Peterborough District Hospital site has finally been sold. Since the new PCH site opened at Bretton, Peterborough and Stamford Hospitals NHS Foundation Trust have been trying to sell the site to plug a huge shortfall in the budget. Interim Chief Executive Dr Peter Reading explained why the sale had taken so long to go through.
DR PETER READING: Well two reasons really. One is the collapse of the property market caught the Trust cold several years ago. They originally were planning to develop it themselves in a joint venture, and the collapse in the property market really wiped that option out. They then went down what was a bit of a blind alley, looking at a particular deal that was put forward by a developer by an unusual route, and then eventually decided that actually the best thing to do was to go to the open market and get an open market price. The Hospital, which has been a bit of an eyesore and a bit of a risk for three years since we closed it, will now be demolished, and between 300 and 350 new homes and a school will be built on that site.
PAUL STAINTON: Now the new owners planning that housing development are Lands Improvement Holdings. The NHS will receive £7.75 million up front from the sale of the land, which is just a fraction of the debt owed by the new Peterborough City Hospital. Joining me now is MP for Peterborough Stewart Jackson. Stewart, morning.
STEWART JACKSON: Good morning Paul.
PAUL STAINTON: Now you’ve called for this to be hurried up and get the sale moved on over and over and over. It’s been a long time coming, hasn’t it?
Continue reading “Peterborough District Hospital Site Sold For Housing”

Peterborough NHS Monitor Report – MP Meets Minister

nhs17:07 Friday 7th June 2013
Drive BBC Radio Cambridgeshire

CHRIS MANN: Peterborough and Stamford NHS Foundation Trust has been told it’s financially unsustainable in its current form. A report from Monitor says the Trust will continue to operate at a deficit of at least £38 million each year for the next five years. It’s also been suggested they would not be able to pay its staff or buy any more medical supplies if the Department of Health does not intervene. Well let’s put this in some context. Here’s our reporter Alex Harris. Alex, tell us what’s been going on.
ALEX HARRIS: Well the new Peterborough Hospital opened three years ago, and was built with Private Finance Initiative money, in a deal signed off by Labour back in 2007. It was a decision given the go ahead by the East of England Strategic Health Authority and Trust bosses, but that decision turned out to be costly. The Trust found itself battling a multi-million pound debt, as it still is, with the failure to shift the old site of the hospital, which remains unsold. Now the Trust has received a number of Government bail-outs, which the taxpayers are paying to keep the Trust afloat. These are to the tune of £2 million a month for the next 30 years or so. Well clinicians and MPs have maintained throughout however that patients care has not suffered, but finances are a different matter, and a report that we will be seeing today compiled by Price Waterhouse Cooper says that while the Hospital is deemed clinically sound, it is financially unstable in its current form. It’s deficit has reduced, and at the end of the 2012 financial year it stood at £45 million. It’s come down to £37 million, but that deficit will continue. And for the next five years, the report says it will rack up a deficit of at least £38 million every year. But perhaps most worryingly is the long term prognosis of the Trust’s finances. The report says that without future bailouts, without more Government intervention, the Trust will not be able to pay staff salaries, and will not be able to pay for medicines.
CHRIS MANN: Alex Harris with that background report. Well let’s find out more about this. Stewart Jackson is the Conservative MP for Peterborough. Hello Stewart.
STEWART JACKSON: Good afternoon Chris.
CHRIS MANN: Talk to you in just a moment or two, but first of all, Dr Peter Reading is the Interim Chief Executive of Peterborough and Stamford NHS Trust. Hello Peter.
PETER READING: Good afternoon Chris.
CHRIS MANN: Truly frightening numbers. A massive deficit. What’s the future? Continue reading “Peterborough NHS Monitor Report – MP Meets Minister”

Peterborough Hospital Faces Multiple Issues – Dr Peter Reading

pch08:12 Wednesday 13th March 2013
Bigger Breakfast Show
BBC Radio Cambridgeshire

[P]AUL STAINTON: Now there are accusations this morning that Peterborough City Hospital just isn’t big enough. The claims by Unison follow the cancellation of 38 operations this week due to a shortage of beds. It’s not just Peterborough City Hospital that’s affected. It’s Addenbrookes too that says that due to an exceptionally busy Emergency Department earlier this week, 37 operations have had to be rearranged. Well Phil Green is the Regional Organiser for Unison. He says that Peterborough Hospital is not fit for purpose. (TAPE)
PHIL GREEN: The Peterborough City Hospital was always built too small. And considering the cost of it that’s unforgivable really. We said at the time that the Hospital was going to be too small, that being funded by PFI it was going to cost far too much. And we said again the same recently. .. (LIVE)
PAUL STAINTON: We’ve got Dr Peter Reading, Interim Chief Executive at Peterborough and Stamford Hospitals with us right now. Let’s get to the bottom of this. What is going on? Because that’s not acceptable, is it? Continue reading “Peterborough Hospital Faces Multiple Issues – Dr Peter Reading”

Peter Reading On The Financial Crisis At The Peterborough City Hospital

08:08 Tuesday 11th December 2012
Bigger Breakfast Show
BBC Radio Cambridgeshire

PAUL STAINTON: A local MP and member of the Public Accounts Committee has revealed that theatres at Peterborough City Hospital could close,  as the Trust running the hospital continues to struggle with debt. The Hospital, which has been open for two years of course, was funded by that expensive PFI agreement, and has seen the Trust rack up over £50 million of debt, £1 million a month. Now, speaking to us earlier, MP for North East Cambridgeshire Stephen Barclay described the way the new hospital was funded and then managed as “disgraceful and shocking”. (TAPE)
STEPHEN BARCLAY: Well it was quite disgraceful, and it raises serious questions over the performance of senior managers in the NHS, many of whom are paid significant salaries, and their performance has been quite shocking. (LIVE)
PAUL STAINTON: Well the Trust has had to receive bailout money from the Government in order to stay open, and as Mr Barclay revealed earlier, the Hospital may have to close theatres just to stay afloat. Continue reading “Peter Reading On The Financial Crisis At The Peterborough City Hospital”