The UK Government has announced that a cash injection of £1.8bn ($2.2bn) for NHS to deliver new equipment, more beds and additional wards for hospitals in the country.
About 20 hospitals would share £850m ($1.03bn) of the new funding to upgrade outdated facilities and equipment while improving patient care and outcomes.
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Some of the hospitals that will receive funding are Luton & Dunstable University Hospital NHS FT, East London, University Hospitals Birmingham in the Midlands, Barking, Havering and Redbridge CCGs and North East London NHS Foundation Trust in London and Isle of Wight NHS Trust in the South East.
The government also announced that an additional £1bn ($1.2bn) funding is expected to assist the existing modernisation programmes and support critical infrastructure projects.
UK Prime Minister Boris Johnson said: “…Today I’m delivering on this promise with a £1.8 billion cash injection – meaning more beds, new wards, and extra life-saving equipment to ensure patients continue to receive world-class care. It’s time to face up to this challenge and make sure the NHS receives the funds it needs, to continue being the best healthcare service in the world.”
Under the Long Term Plan of last year, the NHS will receive £33.9bn ($41.2bn) extra each year by 2023/24.
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By GlobalDataAn estimated £1bn ($1.2bn) is said to be spent this year, which marks a 30% annual increase in the capital budget of NHS.
The devolved administrations will receive the extra Barnett funding. Wales would receive £110m ($134m), Scotland £180m ($218.7m), and Northern Ireland £60m ($73m).
