Hospital trust's financial woes continue

Hospital trust's financial woes continue

Hospital trust's financial woes continue

First published in News by

THE organisation running Worcestershire Royal Hospital is already £800,000 behind its financial plan just four months into the year.

Worcestershire Acute Hospitals NHS Trust – which also runs Kidderminster Hospital and Redditch’s Alexandra Hospital – has been under significant financial pressures in recent years and ended the 2013-14 fiscal year with a £14.2 million deficit.

The organisation has pledged to work its way back to a positive position over the next few years, predicting a £9.8 million deficit at the end of this year.

But a report presented at a meeting of the trust’s board on Wednesday, September 3 showed its deficit already stood at £3.8 million at the end of July - £800,000 greater than forecast.

Deputy chief executive Chris Tidman said many hospital trusts across the country were in a similar position

“There are significant pressures on the majority of acute hospitals across the county,” he said.

“We are almost victims of our own success – people want to come to our hospitals, which is great, but we need to ramp up our capacity.”

Although the trust received a greater income than predicted in July, the county’s two accident and emergency departments were also busier than expected, with almost 10 per cent more patients than forecast.

This in turn led to the trust having to pay for more temporary staff, who are generally more expensive than permanent staff.

Comments (3)

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4:37pm Thu 4 Sep 14

mrwrighty says...

Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought.
Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought. mrwrighty
  • Score: 4

9:21am Fri 5 Sep 14

brooksider says...

mrwrighty wrote:
Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought.
It more the small things thanks to the PFI.
The cost of the most mundane piece of equipment is at least doubled thank to having to source them from the chosen supplier.
[quote][p][bold]mrwrighty[/bold] wrote: Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought.[/p][/quote]It more the small things thanks to the PFI. The cost of the most mundane piece of equipment is at least doubled thank to having to source them from the chosen supplier. brooksider
  • Score: 0

10:02am Fri 5 Sep 14

mrwrighty says...

brooksider wrote:
mrwrighty wrote:
Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought.
It more the small things thanks to the PFI.
The cost of the most mundane piece of equipment is at least doubled thank to having to source them from the chosen supplier.
I Agree, PFI is bad, they even get penalised if they run the hospital at more than 80% (I think thats the figure.) capacity because it places more demands on the system. Who signs up to the ridiculous agreements.
[quote][p][bold]brooksider[/bold] wrote: [quote][p][bold]mrwrighty[/bold] wrote: Anything to do with paying top dollar for locums, paying overtime when the worker is on sick leave because had they been working they would have done overtime. Anything to do with paying top dollar for subtracted services. Anything to do with paying managers 6 figure salaries, just a thought.[/p][/quote]It more the small things thanks to the PFI. The cost of the most mundane piece of equipment is at least doubled thank to having to source them from the chosen supplier.[/p][/quote]I Agree, PFI is bad, they even get penalised if they run the hospital at more than 80% (I think thats the figure.) capacity because it places more demands on the system. Who signs up to the ridiculous agreements. mrwrighty
  • Score: 0
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