Sandwell and West Birmingham NHS Trust is looking to identify £125million worth of 'efficiencies' by 2020.
A company which was planning to stage a 'zombie' paintball game at an abandoned Birmingham hospital has had to pull the plug on the event.
The suspected contaminated batch of a food supplement linked to the blood poisoning of 17 babies, was sent to 22 hospitals.
Jason Dorsett, finance director at Monitor says: "It's a tough financial climate for the NHS at the moment. The government has put more money into the NHS but the population is getting larger, people are getting older so that money has got to go further every year.
"So what we're finding is not that foundation trusts are in great difficulties, but there are closer to the margin, they've got less surplus to go around."
A study from Monitor, which regulates England's 147 foundation trusts, said 39 trusts are now in deficit, almost double the 21 in the same period last year and more than the 24 expected.
The combined financial hole of these trusts is £180 million - higher than the £168 million anticipated, with 60% of the deficit concentrated in five organisations. A further 17 trusts have "very small" deficits.
The Midlands is the most "financially challenged" region, with 14 of its 38 trusts being in deficit, including Peterborough, Mid Staffordshire, Sherwood Forest and Milton Keynes, the report said.
Overall, 40% (33) of acute trusts, 20% (one) of ambulance trusts, 11% (two) of specialist trusts and 7% (three) of mental health trusts are in deficit.
A report showing the number of NHS foundation trusts breaching an urgent cancer target has more than quadrupled in a year also showed trusts had delivered "efficiency savings" of £867 million so far in 2014 -18% (£185 million) behind what they had planned for this stage.
– Jason Dorsett, financial reporting director at health sector regular Monitor
All trusts need to up their game in delivering efficiency savings this year in order to maintain and improve the quality of care for patients, and ensure the sustainability of services.
The financial trust sector is doing remarkably well in tough circumstances but is looking a little frayed at the edges.
The Government target is for 85% of patients with suspected cancer to start treatment within 62 days of being urgently referred by their GP.
Monitor's report shows:
- 18 trusts breached this target, up from 12 the previous quarter and compared with four in the same period in 2012
- 39 trusts are now in financial deficit - almost double the same period last year
- 1.6 million patients were waiting for treatment in December - 14% higher than December 2012
- 28 foundation trusts failed the four-hour A&E waiting time target from October-December 2013
- Of England's 147 NHS Foundation Trusts, 26 are currently in breach of their licence
- 8 of those trusts are in special measures
The number of NHS hospitals breaching an urgent cancer target has more than quadrupled in a year, a report by health sector regulator Monitor has found.
Figures for October to December last year show that 18 trusts breached a key target for urgent cancer referrals, a performance that has fallen to its lowest level in two years.
Peterborough and Stamford Hospitals NHS Foundation Trust are looking to recruit throughout the year to attract registered nurses to the new hospital.
Joanna Cousins, Deputy Director of Human Resources and Organisational Development said:
"We still have nursing posts to recruit to and by opening our doors to potential employees we would like to show them what a fantastic facility we have to offer here at Peterborough"
Peterborough and Stamford Hospitals NHS Foundation Trust will be holding recruitment roadshows throughout the year to attract registered nurses to the new hospital.
Currently the Trust employs around one thousand nurses and midwives and they are now looking to recruit a further one hundred and forty qualified nurses to increase the number of permanent staff available to care for patients.
Hospitals in Nottingham are safe, caring and well-led - according to a team of 60 inspectors who visited last year.
The Care Quality Commission called Nottingham University Hospital Trust high risk last Spring but has now given it a 'good' rating, but it says improvements are still needed.
Former United Lincolnshire Hospitals Trust chief and NHS whistleblower, Gary Walker, has warned the 1000 confidentiality clauses preventing former public sector employees from speaking out about dangerous conditions at work are only "the tip of the iceberg".
He told ITV Daybreak, that despite the Public Accounts Committee's best efforts, they "could not get the answers" on how many people had signed a gagging order from the Treasury:
"Nobody in Government departments knew how much was being spent, so they asked the National Audit Office to look - they couldn't find out because the councils and other public bodies could not tell them. We are only looking at the tip of the iceberg."
To see his interview with Daybreak in full, click here.
After £600,000 was spent on unnecessary visits to Accident and Emergency departments in Leicestershire in 2013, NHS director Sir Bruce Keogh will be giving evidence today (21 January) to MPs about how the departments are coping.
The news follows campaigns across the East Midlands in a bid to encourage people to think whether or nor they need emergency treatment.
A recent survey done by SAS revealed that over a quarter of 18 to 24 year olds stated they would rather got to A&E than wait for a doctors appointment.