Monitor has today (Wednesday, 15 April) said it will "launch an investigation into financial challenges" at Cambridgeshire and Peterborough NHS Foundation Trust.
In response, Aidan Thomas, Chief Executive of CPFT said:
“This is a formality following our successful joint bid for older people’s healthcare and adult community services in Cambridgeshire and Peterborough.
“Monitor wants to ensure our future plans are financially sustainable and we will clearly demonstrate to Monitor – as well as our patients and stakeholders – our future financial plans are both robust and sustainable.
“This is part of Monitor’s process and is not unique to CPFT, or any other NHS Foundation Trust, which successfully wins contracts of this size and scale.”
Monitor's press release can be found here.
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For more information please contact:
Andrea Grosbois or Andy Burrows
Communications Team
E communications@cpft.nhs.uk
T 01223 726767