FINANCE: The primary care trust’s in-year finances were back in the black in July after it received a “non-recurrent financial allocation” to cover the restructuring costs of its £25m savings plan.
The latest NHS Greater Manchester finance report states: “NHS Bury originally reported a deficit of £1.7m at month three [the end of June], but have revised that position to a surplus of £20,000, reflecting a non recurrent financial allocation to cover the level of restructuring and reorganisation costs required to deliver savings in excess of £25m [or 8 per cent].”
It added: “NHS Bury is experiencing pressures in acute activity, specialist commissioning and continuing health care. However, the PCT is forecasting achievement of the target surplus on the basis that in year savings on financial recovery schemes will be made to mitigate any shortfall.”
The PCT’s latest finance report shows that it was still showing a surplus - of £90,000 - at the end of July.