NHS Bury predicts year-end surplus, despite January deficit

But, with just two months to go until the end of the financial year, the commissioner was forecasting it would finish 2010-11 with a surplus of £250,000.

NHS Bury was one of just two North West PCTs in deficit at the end of January, alongside NHS Cumbria, the strategic health authority’s latest finance report shows.

Bury’s in-year deficit has reduced since the end of October, when it was £10.5m in the red. Its December finance report told its board of directors that the trust had appointed a new turnaround director to rework its financial recovery plan and look for new cost savings.

It stated: “Whilst a large proportion of NHS Bury spend relates to secondary care, it is important to note that no single area alone has created the financial pressures that are being experienced.

“Instead, a combination of accumulative pressures coupled with the failure of organisational turnaround schemes to deliver have resulted in the significant financial risk now in existence.”