Would the implementation of these proposals prevent the private finance initiate (PFI) scheme going ahead at Watford?
If we remain in significant debt, the Trust will not be allowed to proceed to the next stage of the PFI process. In moving towards financial balance and demonstrating a Trust with high performance standards, a grip on finances and changing clinical pathways for patients to achieve best practice, we put ourselves at the top of the list in terms of viability to find a financial investor for the new hospital. In practical terms, the building works required will not impact on the land required for the new hospital. The new hospital is planned for further down the site. The project is predicated on ensuring that they DO NOT encroach on these space requirements.
