FINANCE: Lancashire Teaching Hospitals NHS Foundation Trust was £179,000 in deficit at the end of May, and behind on its financial plan for 2012-13 by nearly £1m, latest board papers show.
It’s latest finance report states that “operational financial performance for the month ending 31 May 2012 is a deficit position of £0.179k”. “This represents an adverse variance of £985,000 from plan”.
The paper adds that this was the “result of clinical income being slightly behind plan during May and… an element of slippage on efficiency schemes”.
27 June 2012