Ashford and St Peter’s Hospitals Foundation Trust is predicting that it will fall short of its cost improvement programme delivery by £1.2m by the end of the year.
By the end of September the CIP delivery was behind target by £1.4m. The board papers state: “This is due to continuing activity and staffing issues, resulting in agency and capacity reduction schemes to be delayed, as well as delays in implementing some procurement schemes.
The papers add: “CIPs are forecast to recover in the second half of the year, but still be underachieved by £1.2m.”
In other finance areas the trust’s capital programme is currently £3.2m behind the initial plan set for 2013/14.
According to the papers this has resulted in delays for some projects while others have been moved forward.
“This is mainly due to some slippage in our larger schemes, however it is anticipated that the full programme amount will be spent by the end of the financial year. Some projects will slip into 2014/15, whilst other schemes have been brought forward to replace them in 2013/14.”
The trust’s cash balance has been negatively affected “a combination of the current deficit, issues around who is actually paying for certain services following commissioning changes, and currently unpaid over-performance, partially offset by the slippage on the capital programme.”