South London Healthcare NHS Trust put into administration just three years after it opens as debts spiral out of control

South London Healthcare becomes first NHS Trust EVER to go into administration as debts spiral out of control Health Secretary says the ground-breaking decision is in the interest of patientsTrust is struggling to pay off Labour-agreed PFI deals costing 61m a year in interest | UPDATED: 13:01 GMT, 12 July 2012 An NHS hospital trust losing 1m a week has been put into administration to try and stop it collapsing, the Department of Health said today.