The Telford and Wrekin CCG could end the year with debts of £12.8m, a new report has found.
The figures were included in a CCG report to its governance board which showed how the group’s financial position had worsened since it showed a deficit of £5.7m halfway through the year.
According to a Shropshire Star report, Jon Cooke, chief finance officer at Telford & Wrekin CCG, said the group was being scrutinised by its regulators over its financial position, and had also been holding meetings with healthcare providers.
It went on to detail how he told the meeting that regulators had fed back that the CCG was doing all it could to manage its finances and its processes are appropriate.
The report to the CCG’s governance board stated: “Overspends continue in the areas of acute and individual commissioning but this month we have also seen a significant deterioration in the prescribing position with a forecast over spend of £333k representing a deterioration of £688k from month five.
“Unmitigated risk of £12.8 million is now reported although as we work through the opportunities we would expect to see some further mitigations included to reduce this figure. Further opportunities to be considered include the further reduction of elective activity through the better management of waiting lists, acceleration of community based schemes to reduce non elective admissions and the development of primary care urgent access clinics to manage hospital demand.
It concluded: “In addition, we are also considering where provision of services can be restricted. However, at this stage it is unlikely that sufficient mitigations will be identified to offset the identified risk and as such there is significant risk to the delivery of the CCG control total. We are working closely with Shropshire CCG and the system providers across the financial pressures to ensure that there is alignment of assumptions and impact across the patch.”
Last week, AMP reported on how the proposed Telford and Shropshire CCG merger could be set for a quick turnaround.
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