FINANCE: Financial performance for the five months to 31 August was “good” at Queen Victoria Hospital Foundation Trust, according to board papers.

The FT generated a surplus of £1.444m against a plan of £1.039m for the period and its financial risk rating remains at ‘5’.

Council of governor meeting papers, for 20 October, state that income from patient activity has “recovered well from a slow start in April and is now slightly ahead of plan overall”.

The trust is also benefitting from lower interest and depreciation charges than planned.

Source

Board papers

Source date

30 October 2012

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