FINANCE: NHS Cornwall and the Isles of Scilly is seeing a worrying slippage on QIPP schemes in both acute and primary care.

“This is a significant concern given the increased savings due to be delivered in the remainder of the year,” a report to the board warned.

Although the overall financial position is positive, this has been achieved by the use of £3.6m of reserves and £1.8m of contingency funds.

There is also pressure from continued healthcare costs. Overall, £7.9m of risk adjusted variances have been identified in the financial year.

The PCT is still predicting it will deliver a £8.6m surplus but it says there are ‘significant risks to this delivery and a broad range of potential outcomes.’