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08
Jun 2020
Last Updated: 05/06/2020
Exclusive: Harrogate Hospital Trust projects £11m funding gap
The government wrote off Harrogate and District NHS Foundation Trust's debts to help with its coronavirus response but initial projections for this coming financial year show a gap of £11m
Harrogate and District NHS Foundation Trust has projected an £11 million hole in its funding this year.
A report from the Board of Directors seen by The Stray Ferret revealed how the Trust is trying to balance its books.
The Trust looked over its expenditure, top-up payments, and coronavirus funding before coming to the conclusion that it had a shortfall.
It will approach NHS centrally to ask for more money long term and, in the meantime, the Trust will request additional funds each month.
Read more on this story
- When health bosses welcomed the government’s decision to write off its £4.8 million debt
- How the Trust spent nearly half a million pounds on sick pay in the first month of lockdown
Financial directors at the Trust are looking at ways it can reduce its capital spending and the report says that they will have to reassess priorities over the next few weeks.
The report does not indicate what could be dropped but it does say that they have a June deadline for any proposals.
What has the Trust blamed for the expected shortfall?
The Harrogate and District NHS Foundation Trust has not blamed coronavirus for the £11 million gap in its funding.
Here are some of the bigger sums from the report:
- £3 million - The Trust claims back money from the CCG for work it has done on its behalf. However, North Yorkshire CCG itself has projected a deficit of £18 million for this financial year.
- £2.9 million - The Trust is in ongoing discussion with the NHS around its depreciating assets. It could be beds, computers or buildings.
- £1 million - The Trust is no longer receiving income from another provider for the Briary Wing.
- £2 million - Staff who work for local authority and the Trust are in line for a pay increase. It is also partly down to savings needed for the contracts.
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