FINANCE: The Royal National Hospital for Rheumatic Diseases Foundation Trust is reporting a lower deficit than anticipated at the end of July.
The £20m turnover trust, known locally as The Min, was £135,000 in the red at the end of month 4 compared to a planned deficit of £199,000.
A report to the board said neuro rehabilitation and pain management are under-recovering income and warned they may continue to decline. However, over-recoveries in rheumatology and chronic fatigue syndrome paediatrics mean the year-to-date PCT income is broadly in line with plan overall.
The report added: “PCT contracts have not yet been signed although heads of terms have been agreed and the Deed of Variation is under review.”
The revised year-end forecast is a deficit of £451,000.
Royal National Hospital for Rheumatic Diseases board papers
23 August 2012