FINANCE: The primary care trust cluster and clinical commissioning groups in Kent and Medway are turning to contingencies to maintain a surplus.
According to a finance report presented in July, the overall performance for the cluster was a surplus of £6.8m at the end of June, which is “in line with the phased plan”.
“However, this position is supported by the use of £10m from contingency reserves. Without this support, the cluster would have been overspent at month 3,” the report warned.
The report added that the current position “primarily reflects” significant pressures on local acute trust budgets, with all the trusts reporting activity levels “higher than plan”.
The year-to-date overspend at East Kent Hospitals University Foundation is £1.6m, Maidstone and Tunbridge Wells £2.9m, Dartford and Gravesham £4.5m, and Medway Foundation Trust £1.5m.
“These positions are consistent with the initial positions reported to the board in the month 2 finance report,” the report said.
Finance report (attached, right)
25 July 2012