Poole Hospital’s finances are no longer being investigated.
The health sector regulator Monitor says it is happy that the trust is taking appropriate action to improve the state of its finances.
The investigation was launched in June 2013 to look more closely at the financial challenges facing the hospital which needs to make substantial savings over coming years. At Poole the situation is made more difficult because of the case mix and the way in which hospital care is now funded.
Debbie Fleming, chief executive of Poole Hospital, said: “We are very pleased to receive this vote of confidence from Monitor.
“Like many other hospitals, we need to make significant efficiency savings in the future, but it is extremely reassuring that Monitor believes we are taking the right action to protect services and continue to provide high-quality care to the local community.
“As the new chief executive of the trust, I am looking forward to working with staff, clinicians and all local stakeholders to ensure a sustainable future for local healthcare services.”
Although it has closed the investigation, Monitor will continue to scrutinise the trust to make sure it becomes more efficient and sustainable.