FINANCE: Dorset County Hospital FT is considering a loan from the foundation trust financing facility.
The trust’s cumulative position at the end of January is a deficit of £2.7m versus a planned deficit of £4m; a favourable position of £1.34m against plan.
A report to the board states: “The underlying cash liquidity position remains the key concern though it is being managed. The Foundation Trust Financing Facility loan is still under consideration.
“The cost improvement plans for 2010-11 will achieve better than the bottom line forecast but are driven by non-recurrent savings.”
1 March 2011