FINANCE: Suffolk Mental Health Partnership Trust’s cost improvement programme is currently the trust’s “main concern”, board minutes have revealed.
The minutes of the trust’s finance committee in June show deputy director of finance David Farthing “reported that the figures for [May] showed that the trust has had to use some of its reserves to remain on plan”. He went on to say that the cost improvement plan (CIP) is “the main concern for the trust”.
The minutes showed £2.6m is “likely to be delivered and that £1.4m still needs to be identified”.
Director of finance Keith Mansfield told the committee: “There is still a lot of work to do and that the CIP steering group will be looking more closely at the corporate functions.”