FINANCE: The Hampshire health system is reporting a surplus, having released almost all its contingency reserves for the first three quarters of 2011-12.

Cluster board papers show that for Hampshire primary care trust “pressures on acute contracts are leading to an under-delivery of savings schemes in these areas.”

Contracts with the University Hospitals of Southampton NHS Foundation Trust, Portsmouth Hospitals NHS Trust, the Hampshire Hospitals NHS Foundation Trust and Royal Berkshire Hospital NHS Foundation Trust.

Although overall activity is down compared with the year before, it is still over plan and non-elective activity is increasing compared with 2010-11.

The PC T has drawn down 74.7 per cent of its annual cash allocation over the first 75.1 per cent of the year.

“There remains an underlying cash problem”, the board papers say, “and discussions are continuing with the strategic health authority to identify a permanent solution”.