5 Boroughs Partnership NHS Foundation Trust Annual ... - Monitor

continues to perform well and improve quality. This will be achieved through a
strong process of improving efficiency. The Trust has plans to:
Spend less on its ‘back office’ functions
Increase the staff on some of its wards
Continue to improve the quality of our buildings
Help frontline staff to spend more time with patients
Improve our use of technology to support frontline staff
We believe that by doing this we will have a more efficient effective service
that improves the quality of service whilst maintaining our strong financial
performance.
The Board has agreed a financial plan for 2012/13 to maintain an underlying
surplus of £4.4m and to invest up to £7.9m in improving safety and the
environment for both staff and service users. Through sound financial
management the Trust is also investing £1.6m in new initiatives to improve
further the quality of the services we provide and the experience of our service
users.
This strong financial performance is then what enables the Trust to invest its
money in improving services and the environment.
Leigh Infirmary
As part of the Trust’s long-term strategic aim to provide the best-quality
environment for staff and service users it has produced its five-year capital
programme. A major component of this strategy is a £20million-plus
investment in a new mental health development on the existing Leigh
Infirmary site.
For 2012/13, our high-level objectives are:
During 2012/13 we will achieve our statutory financial duties and meet all
other financial targets and obligations within our Terms of Authorisation -
leading to the achievement of a Financial Risk Rating of at least a 3.
During 2012/13 budget holders will operate within financial limits and
produce and own forecasts that look forward 12 months - leading to the
identification and acting upon of appropriate actions to deliver the longterm
financial plans of the Trust.
During 2012/13 we will ensure that the appropriate clinical practices and
operational systems are in place to allow cluster data to be captured in a
timely and appropriate fashion leading to the successful transition to PbR.
This will be measured by the shadow monitoring of cluster information
through our commissioning contracts.
Annual Report and Annual Accounts 2011-12 59