FINANCE: Birmingham Women’s Hospital Foundation Trust has made a third of its efficiency schemes non-recurrently so far this year.
The trust’s target for the year was £3.4m.
It is forecasting a £300,000 shortfall. In addition, to the end of February the trust achieved £2.8m, 32 per cent of which was described as “non-recurrent”.
Further, most of the recurrent savings come from “income generation” rather than “cost savings”. Only a third of the latter category came from recurrent savings.
The cumulative position for the trust at the end of February was a surplus of £160,000 against a planned £44,000 surplus.
The year to date position included £200,000 of contingency funding.
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March 2013
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