University Hospitals of Morecambe Bay in deficit and £1.9m behind plan

It finished with a year-to-date deficit of £255,000, against a plan to underspend by £1,649,000 up to that point. The foundation finished the month with a financial risk rating of 3 for the third quarter of the financial year. Its December finance report stated: “The year to date deficit has improved, but this is as a result of the accounting adjustments made for partially completed spells, as discussed at previous board meetings.”

It added: “The Trust’s forcasted year end position and resulting financial risk ratings will be reported separately.”