FINANCE: Coventry and Warwickshire Partnership NHS Trust is looking for non-recurrent savings to plug a £600,000 gap in its cost improvement plan savings.

The trust’s operations directorate met its £1.5m cost improvement plan savings targets for the first quarter of 2011-12.

However further savings have been identified as significant risks.

Among them was the mental health and community service provider’s “older adult bed reconfiguration scheme”, which is expected to save £440,000.

The £150,000 savings associated with a child and adolescent mental health service base reduction were also identified  as risky.

The trust’s finance report said “time frames for both schemes have now slipped. Currently non-recurrent schemes are being identified to me this significant shortfall.”