Foundation trusts save £75m14th March 2007
Regulator Monitor has reported a strong performance by the 54 NHS foundation trusts.
The trusts, who are responsible for a combined £11bn a year, delivered a £75m surplus in the first nine months of 2006/7, according to Monitor's nine-month report. The additional income has come from higher levels of activity than planned.
The savings, taken before exceptional items, compared to a predicted £13m surplus over the whole NHS for 2006/7.
A total of eight foundation trusts also met all healthcare targets and core national standards. Two trusts currently hold red governance ratings for missed targets.
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Title: Foundation trusts save £75m
Author: Carol burns
Article Id: 2251
Date Added: 14th Mar 2007