FINANCE: Enfield CCG plans to record an £8m deficit in 2013-14, after NHS Enfield finished 2012-13 with a run-rate deficit of £19.2m
The CCG is planning to reduce the deficit after “[reaching an] agreement to carry forward the CCG’s share (£2m) of the forecast surplus for 2012-13 and through release of £6m from the two per cent headroom reserve.”
The CCG papers said: “The main objective of the financial plan for 2013-14 is still to reduce the recurrent deficit to £8m in 2013-14 and to zero in 2014-15. The CCG is planning for a break-even position in 2013-14. This has been achieved through agreement to carry forward the CCG’s share (£2m)of the forecast surplus of £2.8m for 2012-13 and through release of £6m from the 2 per cent Headroom Reserve.
“The CCG has been working with Price Waterhouse Coopers to develop a financial recovery plan for the three-year period to 31 March 2016. This document draws information from the CCG’s overall financial plan and outlines how the CCG will deliver recurrent surplus by 2015/16 and how it will strengthen its processes surrounding its QIPP programme.”