FINANCE: University Hospitals Bristol Foundation Trust achieved a surplus almost 50 per cent ahead of plan for 2011-12.
A report to April’s board reveals the trust had an income and expenditure surplus £8.9m compared with the plan of £6m.
The trust delivered £21.6m cash releasing efficiency savings, a shortfall of around £5m against plan. Of the savings made about £5.3m were non-recurrent.
In his report finance, director Paul Mapson said: “In summary, a good result for 2011-12 but with a lot of work to be done in 2012-13 particularly on the delivery of the management of service level agreement activity and cash releasing efficiency savings to ensure the trust’s strategic objectives are still progressed.”
30 April 2012