FINANCE: NHS Hastings and Rother remains on course for an end of year surplus of £3.5m, according to board papers.
The primary care trust, which is part of the Sussex cluster, has not changed its original year end forecast after the first four months of the financial year ending on 31 July.
It has a total budget for 2011-12 of £335m.
Board papers said: “In order to achieve the position being reported £900,000 of contingency has been released in the month.
“After including all known risks and opportunities, including slippage on the QIPP [quality, innovation, productivity and prevention] plan, at the end of month four the PCT has net uncovered risks of £1.0m in the mid case scenario. Whilst at this stage in the year net risks of £1m are manageable, a plan is being developed to ensure that the forecast position is achieved,” the papers add.
NHS Hastings and Rother board papers (see attached, right)
20 September 2011