 Surrey and Sussex Healthcare NHS Trust is zero-rated |
A health trust facing a total debt of �93m says it could take up to two years to turn its financial position around. Surrey and Sussex Healthcare NHS Trust said it was working on a recovery plan with the government and the local health authority.
The trust - which runs hospitals in Crawley and Redhill - said it had made financial progress since August.
It plans to reveal to patients in February exactly how the health services it provides will be improved.
The trust needs to resolve "long-standing performance issues" and is putting together a five-year framework with the aim of "building an organisation fit for the future".
New management
It has seen its budget overspend reduced from �3.2m a month to under �2m between March and December 2005.
However, the trust still has the largest single budget deficit of any NHS organisation.
Chief executive Gary Walker admitted: "The trust recognises that it needs to break even on a monthly basis as soon as possible and within the next year.
"We have consistently stated that we cannot resolve this debt on our own.
"The focus of the new management team is on stabilising the trust and implementing the turnaround plan, with support from the Department of Health, to get the finances back on track."
Recent money-saving measures at the trust have included fewer temporary staff being used and the cutting of around 300 non-essential positions.