FINANCE: Liverpool Community Health Trust is planning for a £3m surplus for the coming financial year, on the back of efficiency savings totalling £6.7m, latest board papers state.
A revised draft of LCH’s income and expenditure plan for 2013-14, which goes to its board on 19 March, also shows that the trust is anticipating its income to fall to £137m in the coming financial year, down from £145m this year.
“The Key Movements in income and expenditure relate to the loss of PCMS, Knowsley Sexual Health and non-recurrent funding adjustments,” the report states. “Cost pressures arising from inflation, staff increments and investments have been offset against targeted cost improvement programmes.”
19 March 2013