FINANCE: George Eliot Hospital Trust has set itself the most challenging savings targets of any trust in the West Midlands region.
NHS West Midlands board papers show that the trust’s 10.2 per cent cost improvement programme for 2011-12 is at least 40 per cent higher than any other other trust in the SHA region. The trust, which has a £109m turnover, expects to end the year with a £1.2m surplus.
The second highest CIP target belongs to Worcestershire Acute Hospitals Trust, at 7.2 per cent, which along with Coventry and Warwickshire Partnership Trust does not expect to make a surplus.
The lowest target, at 3.3 per cent, is found at Royal Wolverhampton Trust, which is predicting an £8.5m surplus.
The average CIP for trusts in the region is 4.4 per cent and the total predicted surplus across all trusts is £28.8m.
NHS West Midlands, performance report
6 June 2011