FINANCE: South Warwickshire NHS Foundation Trust reported a £971,000 surplus at the end of June, £264,000 better than expected, following widespread overperformance on contracts.
The trust’s finance report for July said: “The position has been revised to reflect overperformance received in respect of 2010-11 since finalising the position with NHS Warwickshire and the release of deferred income following recommendations by external audit.”
The trust’s full year forecast has not been changed.
The report said the trust had signed its contract with NHS Warwickshire and all associated commissioners.
The year to date has seen continuing over-performance on other PCT contracts of £229,000, including £134,000 from NHS Coventry and £58,000 from Solihull.
NHS Warwickshire was overperforming by £104,000. There were also overperformances in high cost drugs, and in the trust’s acquired brain injury rehabilitation service and other community contracts.
The report noted there continues to be pressure in medicine and risks around some cost improvement programme schemes.