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.
30 October 2012