Health regulator Monitor has announced it will be looking into the finances of Barnsley Hospital NHS Foundation Trust.
Bosses at the Trust say they will be carrying out their own investigations, alongside those of Monitor, into the hospital's finances.
Health sector watchdog Monitor has launched an investigation into Barnsley Hospital NHS Foundation Trust following concerns about the trust’s finances and over A&E waiting times.
The trust has breached the national A&E quarterly target five times in an 18 month period.
Its financial performance has also deteriorated with the consequence that it reported a deficit of £2.3m in February 2014.
Monitor will examine whether the trust is operating in breach of its licence to provide health care services and will take action if it is needed, to put things right.
Frances Shattock, Regional Director for the North at Monitor, said:
“We are opening this investigation because we want to understand why the trust is facing problems in its A&E and with its finances so that we can help it to improve and provide a good quality service for local people.
“We expect the trust to take rapid action to address its problems whilst an investigation is ongoing. If necessary, we will not hesitate to take regulatory action.”
Thousands of patients are to benefit after Barnsley General Hospital recieved its largest ever bequest. Six hundred thousand pound has paid for a brand new CT scanner in the hospital's imaging unit.
The money was bequeathed by local photographer Ted Tasker and his wife Mary.
Barnsley Hospital has apologised after a 77-year-old woman with dementia was sent home with a cannula tube for a drip still in her arm. The pensioner was admitted to the hospital last week after suffering a mini-stroke.