FINANCE: The Kent and Medway PCT cluster reported a £6.8m surplus at the end of June but highlighted “significant pressures” on finance.
Without the use of £10m contingency funds, the cluster would have overspent, reveals its latest finance report.
“The current position primarily reflects significant pressures on the local acute trust budgets, with all the trusts reporting activity levels higher than plan,” the report said.
It cites a £1.6m overspend at East Kent Hospitals University FT, a £2.9m overspend at Maidstone and Tunbridge Wells Trust, £4.5m at Dartford and Gravesham Trust and £1.5m at Medway FT.
Overspending on local acute contracts has “severely impacted” all clincial commissioning groups except South Kent Coast, says the report.
It also reveals “substantial risks” related to the delivery of QIPP schemes with only 54 per cent of planned savings achieved to date.
25 July 2012