FINANCE: Tees, Esk and Wear Valleys NHS Foundation Trust exceeded its plans to record a net operating surplus of £6.5m during 2010-11.
It is about £750,000 more than planned. A board report said it was, “mainly due to vacancies”.
The surplus gives the trust a financial risk rating assessed at 4.5 for 2010-11 - also ahead of plan. The performance reflects an EBITDA margin of 10.9 per cent.
The trust’s cash-releasing efficiency savings were also £446,000 more than planned in the year.
A whistleblower’s four year legal challenge cost the NHS nearly £700,000, it has emerged.
A hospital trust has moved out of financial special measures, two years after it revealed a large, unexplained deficit.
A mental health trust has been taken to court after being accused of breaching a trademark over its name for a specialist service.
An attempt by a large mental health trust to terminate its private finance initiative contract due to building defects at its main hospital has resulted in a legal dispute over money it is owed, HSJ has learned.
Mental health services in York have transferred to a new provider as planned, after the sudden closure of a psychiatric hospital threatened to delay the process.
PERFORMANCE: Tees, Esk and Wear Valleys Foundation Trust missed failed to hit its targets for patients waiting no more than four weeks for an appointment each month from April to October 2013.
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