FINANCE: Tyne, Esk and Wear Valleys Foundation Trust had a surplus of just under £2m at the end of September, slightly ahead of plan. Cash releasing schemes had already generating £7.8m by that time - slightly ahead of schedule.
However, the trust was spending slightly more planned on agency staff and overtime and its overall workforce costs were £0.6m more than anticipated
October
Trusts could be forced to wait until the first three months of 2020 to find out how much they are saving by taking part in a flagship government project.
A mental health trust is preparing to seek a merger or acquisition by another provider in a bid to address its financial challenges, HSJ has learned.
NHS England’s finance chief has cast doubt on a government target for GPs and NHS trusts to agree leases with a property quango saddled with debt.
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