FINANCE: From April to October, the trust recorded a cumulative deficit of £507,000, which was £214,000 worse than anticipated.
The trust is presently forecasting a balanced financial position by the year end.
Doing so requires the delivery of management actions, in respect of medical and nursing agency spending, the closure of beds in two phases from the middle of November 2011 and improved controls over non pay spending.
Shrewsbury and Telford Hospitals Trust, finance report
24 November 2011