Advertisement

  1. ITV Report

Outrage as cash strapped hospital trust pays its accountant £1million a year

A failing, cash-strapped hospital is paying more than a million pounds a year to an accountant to balance its books. Tim Bolot has been appointed the interim finance director at Medway Foundation Trust which oversees the failing Medway Maritime Hospital in Gillingham, a trust that last year ran up debts of 31 million pounds. Mr Bolot has a reputation for being parachuted into problem hospitals.

According to his company's website

  • Mr Bolot achieved £47m of savings at the South London Healthcare Trust in 2010
  • in 2011 he helped prevent Southern Cross Healthcare Group from going into administration
  • In 2012 he claims to have reduced debt at the trouble Rotherham NHS Trust by £3.2m

But some patients' groups have been critical of the appointment.

"The salaries of our directors are benchmarked against other NHS Trusts which are facing similar challenges and are competitive within the market. The cost of the executive director salaries have reduced in absolute terms and as a percentage of revenue over the last two years. In addition to this, the cost of consultancy staff at the Trust has been reduced in the current year by more than £2m."

– Medway Hospital Trust