FINANCE: The primary care trust was forecast to miss its £18.1m quality, innovation, productivity and prevention (QIPP) savings target for 2011-12 by £1.4m, cluster board papers state.
The NHS Lancashire PCT cluster’s latest QIPP report shows that at the end of July Central Lancashire had already “banked” savings of £11.6m, or 64 per cent of the full-year target.
However, the cluster stated that the current full year savings forecast for the PCT was £16.7m, with a further £1.4m classified as “high risk or uncertainty to delivery”.
The report added that NHS Central Lancashire would need to make the full £18.1m savings to “achieve financial balance this year” and to meet “full repayments of all loans”.
22 September 2011