Yeovil finished year ahead of plan on surplus

A report to May’s board said private patient income was overachieved by £102,000 in 2011-12 and this was allocated to the cost improvement programme. Pay expenditure was underspent by £388,000 however activity related non-pay expenditure was £722,000 overspent at the end of the year, including drugs costs of £233,000.

The report also revealed that the trust had achieved the cost improvement target of £4.8m during 2011-12. However, there was a shortfall in the recurring element of £518,000 which will be carried into 2012-13.