FINANCE: Royal Devon and Exeter Foundation Trust generated a surplus of £1.3m in 2012-13, against a plan of £3.5m.
A report to the board said an income and expenditure deficit of £21.6m had been incurred, inlcuding an impairment on fixed assets of £22.8m.
The report said: “Excluding the impairment a surplus of £1.3m has been generated against a plan of £3.5m.”
The tust achievind its £16.9m cost improvement plan during the year, £15.3m of which was recurrent savings.
April 2013
The long-planned hospital merger in Liverpool is unlikely to create an NHS trust which is financially secure – so there will need to be a rebalancing of funding in the city to help it escape a structural deficit, according to an acute chief executive in the patch.
Most NHS trusts are now relying on extra capacity to manage demand in the busiest outpatient speciality across the health service, a new report has warned.
An integrated care system in the south west of England has appointed Nick Relph as interim chair.
A nursing academy designed to attract and retain students with “exceptional academic ability” to improve patient safety is being launched at Exeter University in collaboration with local NHS trusts.
An acute and community trust is set to become the first in its county to acquire a GP practice.
An acute trust has brought forward the closure of 71 inpatient beds across four community hospitals due to pressures on safe staffing.
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