FINANCE: A trust is predicting it will meet its planned surplus of £3.3m at year end, but needs to find an extra £700,000 in savings.
Epsom and St Helier University Hospitals Trust is still forecasting delivery of its £15.5m service improvement and savings plan by the year end but its latest finance report identified a £700,000 balance still to be found.
The trust’s income forecast is based on written offers from its two prinicpal primary care trusts (PCT’s),
The acute trust, which is looking at organisational options including splitting its two hospitals between other trusts, reported a cash balance of £15m, £12m less than plan.
It said most of this is down to money spent on a capital project.