FINANCE: NHS trusts in the South of England are forecasting a combined surplus nearly 10 per cent lower than target.
The SHA cluster’s performance report for January said: “The forecast financial positions of the constituent NHS trust organisations in NHS South of England are a combined surplus of £54,447,000 (before impairments and IFRIC12).
“The forecast surplus is £5,076,000 below the aggregate plan agreed by NHS South East Coast, NHS South Central and NHS South West with the Department of Health.”
Two trusts are forecasting a year-end deficit, while five reported a year-to-date deficit at 30 November.
These are: Southampton University Hospitals NHS Foundation Trust, with a £1.9m unplanned deficit; and Surrey and Sussex Healthcare NHS Trust, with a planned deficit of £6,113,000.
The report says: “The deficit at Southampton University Hospitals NHS Foundation Trust was unforeseen and results largely from the crystallisation of liabilities on closure of the accounts of the NHS Trust at that date.”