FINANCE: NHS Heart of Birmingham has submitted capital plans totalling £2.4m for approval to NHS West Midlands.
No formal approval has yet been issued, however this is expected shortly. The availability of capital is severely restricted in 2011-12, and it may be that only part of the programme is approved.
The PCT no longer has spare revenue resources to cover any shortfall in CRL so any reduction in the level of funding agreed will require a reduction in planned expenditure.
NHS Heart of Birmingham, finance report