FINANCE: Heatherwood and Wexham Park Foundation Trust reported an adverse financial position of £351,000 in the year to June.
Board papers reveal an adverse position of £221,000 in month three of 2012-13.
The shortfall consisted of deficits in private patient income worth £68,000, road traffic accident income of £40,000, and cost improvement plan deficit of £98,000.
Based on current performance the trust’s financial risk rating score remains at 1 – the worst possible score.
The board papers said: “In reviewing the trust’s position, certain issues have emerged that could impact on the full year position.
“However, it is currently considered that these risks can be covered by mitigating actions and contingency and therefore the assessment at month three is that the trust will close the year in line with its planned deficit of £6.9m.”
Source
Source date
July 2012
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