FINANCE: Gloucestershire Hospitals Foundation Trust had a deficit of £0.9m at the end of July, £0.6m worse than planned at this point in the year.
A report to the board said overall income is down by £1.6m against plan and pay is overspent by £1.4m. The report said the “emergency inpatient position continues to be a concern” with activity 11 per cent ahead of plan but income only 4 per cent ahead of plan due to the readmissions tariff.
The trust has a Monitor financial risk rating of three.
31 August 2012