The Department of Health and Social Care (DHSC) has warned that Manx Care's current financial position is "unsustainable" following an official assessment of its performance during the 2024/25 service year.
The report noted that Manx Care ended the year with a structural deficit of £15.6 million, driven by rising off-Island treatment costs, inflationary pressures on contracts, and higher spending on medicines.
Weaknesses in financial governance had "materially contributed" to the deficit.
The DHSC acknowledged that many of the cost pressures were outside Manx Care's control.
Author's summary: Manx Care faces financial struggles.