The Mid Staffordshire NHS Foundation Trust has become the first foundation trust in the country to be put into administration.
Special administrators will take over the running of the scandal-hit trust from today.
The current executive team will report to the trust special administrators, clinician Dr Hugo Mascie-Taylor and Alan Bloom of Ernst and Young, Regulator Monitor said.
Special administrators would be given 45 working days to design a way of providing services to patients in the area "that is sustainable in the long term".
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