A team of experts will be sent into the Queen Elizabeth Hospital at King’s Lynn to help get its finances back on track.
Despite making improvements in areas such as staffing and accident and emergency, the hospital’s long-term financial situation now has to be tackled.
The hospital trust has forecast the Gayton Road hospital will end the year with a £13m deficit.
Healthcare regulator, Monitor, is to send a team of experts to help plan and secure future health services for local patients.
A contingency planning team will work with the hospital management team and local commissioners to explore options for sustainable patient services and then make recommendations to Monitor.
The trust has been in special measures since October. At that time, Monitor said the it was providing ‘poor’ care and had weak leadership.
Since then, an interim chairman, chief executive and director of nursing have been appointed.
The hospital said progress had been made in a number of areas, particularly nursing staffing levels and A and E.
The hospital’s interim chief executive, Dr Manjit Obhrai said: “Since I started work at the Queen Elizabeth Hospital, my key focus has been to improve quality and to improve A and E.
“Now we are making those improvements we need to focus on financial issues.
“We have always acknowledged that the trust faces long-term financial difficulties, which is why our regulator is providing additional support to work alongside our management team.
“They will be looking at the wider health economy within the region, to ensure our services are sustainable for the future.”
Mark Turner, regional director at Monitor, said: “The Queen Elizabeth Hospital King’s Lynn NHS Foundation Trust is suffering serious financial problems.
“The people of King’s Lynn expect good quality care to be provided and our team of experts will work closely with the trust management and with local commissioners to ensure the services patients need are provided in a sustainable way.”