FINANCE: The east London foundation trust expects to see its income from community services grow by a third, while acute income falls.
It expects to see its income from acute services fall from £161.9m in 2010-11 to £158m in 2011-12. But this will be accompanied by an income rise of £51m from community health services.
The trust said the reduction in acute income came from tariff deflation, a reduction in the Market Forces Factor payment for trusts opreating in an expensive area and the impact of the readmissions policy, and the 30 per cent marginal rate for non-elective activity.
The three-year strategy document submitted to Monitor by the trust said there had also been “activity/volume related increases in some services, notably HIV, fertility, and neurorehabilitation.”
Overall the trust is predicting income to increase from £187m in 2010-11 to £224m in 2013-14.
Monitor report (see attached, right)