Our Trust, like many, is having to look closely at finances but currently we are benefiting from the change to FT status. The plan seems to be, if we are to break even then each clinical area needs to break even. Those areas overspending need to cut back, those under funded deserve to have their funding increased. As we clearly fit in to the latter group our funding has been significantly increased despite what is happening to other areas. Although I feel a little uncomfortable about the whole FT package and what it is doing to some of my colleagues in other specialties, there is no doubt that we are benefiting and the years of A&E under funding/efficiency subsidising others seem to be over.
Simon McCormick
-----Original Message-----
From: Peter Cutting [mailto:[log in to unmask]]
Sent: 01 November 2005 12:39
To: [log in to unmask]
Subject: Foundation trusts ,ED's & Cost Improvements
Not academic.... but hopefully of interest
What advantages do you think being a Foundation trust will bring to
ED's ? (rather than the whole hospital)
And are trusts coming under significant pressure in recent weeks to
find increased 'cost improvements' to achieve Foundation status?
Obviously I cannot comment on my own venerable establishment but I hear
unsubstantiated rumours of other trusts sacking all their Matrons to
reduce costs in an attempt to cross the April goal line somewhere in the
vicinity of the ever sliding goal posts.
Peter
|