FINANCE: South Warwickshire Foundation Trust finished January on a £3.2m surplus – more than double the expected amount.
The trust forecasts an outturn of £2.5m, taking into account slippage on cost improvement plans.
Board papers for February highlighted a set of risks.
- Potential additional resource in A&E to assure delivery of full year performance target
- Slippage in recruitment related to an “emergency pathways project resulting in higher than planned costs
- Increasingly high levels of non electives that impact on our ability to deliver our elective work
The trust expected to deliver just £4.2m of its £7.1m cost improvement plan.