COMMERCIAL: The specialist foundation, The Christie, was reporting a half-year surplus of £2.7m, which was £681,000 better than it had planned for the first six months of 2011-12.
Its latest board papers state that the financial position was due to a “a further significant improvement in the trust’s share of profit distribution from The Christie Clinic (£201,000 in month), resulting in the cumulative position now being above plan”.
It added that the foundation was continuing to see “an overachievement of clinical income, whilst overspends on non pay are partially offset by pay vacancies”.
The Christie Clinic, the foundation’s private patient unit, is run as a joint venture between The Christie and private hospitals group HCA International.
28 October 2011