The finance director of a Shelford Group trust has resigned, HSJ has learned.
Colin Gentile resigned from King’s College Hospital Foundation Trust yesterday, according to a message to staff seen by the HSJ.
The finance director had been at the trust since November 2015, having previously held roles at Whittington Healthcare Trust, Dartford and Gravesham Trust, and Lewisham Hospital.
King’s most recent finance papers, which are from July and cover month two of 2017-18, show the trust with a deficit of £30m – £9.3m worse than planned.
The trust has a savings target of £66m for this financial year and was hit with more than £10m in contract penalties in month two.
The south London trust originally identified a capital spend requirement of £95m for 2017-18 but was asked to reduce this to £65m when its annual plan was submitted to NHS Improvement in March. However, it has identified a further £10m of “essential” capital works to be completed in 2017-18 “due to the impact and risk on quality, patient safety and delivery of safe services”. Extra funding will be needed to complete them.
The trust’s board is next due to meet on 8 November.
Information obtained by HSJ