FINANCE: Winchester and Eastleigh Healthcare NHS Trust is ahead of its break-even financial plan for 2011-12, after beating its savings target for the year to date.
The trust’s November finance report details an operational surplus of £177,000 for September, reducing its deficit to £484,000.
The report says: “The trust is currently £654,000 ahead of the trajectory required to deliver a break-even position at year end.
“The favourable variance is driven by the savings programme”, report adds, which has delivered savings of £3.5m million, 2 per cent more than planned.
The trust also reported a surplus on the sale of the Burma Road part of its site, bringing in £1.4m.
Performance against the main clinical contract with NHS Hampshire “has improved considerably in month through increases in elective productivity and a greater demand for non-elective services,” the report says.