FINANCE: Kent and Medway NHS and Social Care Partnership Trust has reached a near breakeven position after nine months of the financial year, according to board papers.
At the end of December, the board papers said the trust “shows a near breakeven to plan position of £317,000 deficit, which is an improvement of £67,000 since the last month’s report”.
“However, this has been achieved via a profit of £217,000 on the sale of assets in August which was not planned,” it added.
“The forecast Financial Recovery Plan remains challenging. The identified gap has mitigation actions identified however a number of them remain high risk of achievement,” the finance report said.
26 January 2012