FINANCE: The cancer specialist foundation trust recorded a surplus of £699,000 for the first two months of 2012-13, which was £54,000 behind its plan for the year to date, its latest finance report states.
The report went on to say that the trust’s contracted clinical income was below plan, “in contrast with other income which is above plan”. Unachieved “cost improvement programme” savings were being “partially offset by pay vacancies and the release of a pro-rata element of the risk reserve”.
Whilst the The Christie Clinic - the private patient unit that the trust runs as a joint venture with a private sector partner - continued to perform well, it added, The Christie’s “share of profits in the financial position” was “below plan in line with the contractual arrangements”.
25 June 2012