Foundation trusts took more than half a billion over-plan in income in 2010-11, a Monitor report seen by HSJ reveals.
The Foundation Trust Sector Overview, sent to trusts by the regulator on Monday, said the £30.7bn income in the past financial year was two per cent above plan, at £588m.
This was attributed to higher than expected non-elective and outpatient revenue and £343m of “Other NHS revenue” and “Other operating income”.
The data also shows a 2.2 per cent overspend against plan across the 95 acute and 41 mental health foundation trusts, mainly driven by staff costs, which were also over-plan and largely driven by the acute sector.
The report said this was “largely due to the costs of delivering increased emergency activity (hiring of temporary staff at higher rates) during the winter months and a shortfall in pay Cost Improvement Programmes”.
The FT sector delivered £1.2bn in CIPs in 2010-11, but the report said they were better at increasing income than cutting cost – performing at 117 per cent on income CIPs and 88 per cent on cost.
Two trusts slipped to red ratings for governance in the last quarter 2010-11, taking the total to 12, the report said.
Luton & Dunstable and Peterborough & Stamford foundation trusts both are red-rated and saw falls in their governance scores in quarter four.
Two trusts saw falls in both their governance rating and financial risk rating in this period.
Southend University Hospital’s FRR dropped to three and its governance risk rating went to “amber-red”.
Taunton & Somerset Foundation Trust scores fell to the same levels in quarter four.
Lancashire Care, South Tyneside and Papworth foundation trusts all saw rises on both measures.
All are rated green for governance with FRRs of four, four and five respectively.
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- Foundation trusts
- LANCASHIRE CARE NHS TRUST
- LUTON AND DUNSTABLE HOSPITAL NHS FOUNDATION TRUST
- Mental health
- PETERBOROUGH AND STAMFORD HOSPITALS NHS FOUNDATION TRUST
- ROYAL PAPWORTH HOSPITAL NHS FOUNDATION TRUST
- SOUTH TYNESIDE NHS FOUNDATION TRUST
- SOUTHEND HOSPITAL NHS TRUST
- TAUNTON AND SOMERSET NHS FOUNDATION TRUST