Exact(7)
The commission concluded that the trust's board was more focused on finance, targets and achieving foundation trust status, as well as its desire to save £10m.
A further significant finding by the Francis inquiry was the clear link between the drive to achieving foundation trust status and a subordination of clinical concerns.
There is also something very wrong when trusts are achieving foundation status by putting the health of their budgets over the care of their patients as detailed in the accounts of trust board meetings.
It reports that while hospital board members said quality of care had always been a top priority, many staff said the trust's priorities had been "finance and achieving foundation trust status".
Parents also allege that important reports were suppressed in the run-up to the local NHS trust achieving foundation trust status in March 2010.
Michael Wilson, chief executive of the trust, said: "Achieving foundation trust status these days is about achieving a mark of quality - it's a badge that says we deliver the best services".
Similar(53)
In 2004 the trust achieved foundation status, which allows greater freedom to manage finances.
But the trust was too focused on its finances and trying to achieve foundation status instead of caring for patients.
The losses of £456.8m were recorded by 26 of the 102 hospital trusts that have not achieved foundation trust status.
Next April , 10-12hospitals among those already achieving the three-star score on the hospital rating system look set to achieve foundation status.
David Bennett, the chair of Monitor, is known to be exercised by the financial implications of PFI deals, especially as all hospital trusts are supposed to achieve foundation status by 2014 – and fall under his organisation's oversight.
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