Specialist mental health trust behind income target3rd March 2011
The Tavistock and Portman Foundation Trust, specialist mental health trust has revealed that it is £721,000 behind income target.
At month 10 (January), the organisation – which has a budget of some £32m - also revealed that it surplus of £259,000 was behind budget by £159,000. Around half the income shortfall comes from lower than expected consultancy earnings, which were £340,000 under plan. However, the finance report said: “But allowing for the contingency reserve, we are still well in line to achieve the year-end budget of £150,000.”
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Title: Specialist mental health trust behind income target
Author: Mark Nicholls
Article Id: 17743
Date Added: 3rd Mar 2011