January 2012 - Sandwell & West Birmingham Hospitals

Trust Objectives 2011/12
SWBTB (1/12) 266 (a)
Ref. Objective Measure of Success Baseline
(2010/11)
4.2 Achieve a £2m surplus.
RW
the plan via the Performance
Management Board including
tracking of replacement schemes,
Full year/part year effects and any
shifts from recurrent categories to
non‐recurrent.
Develop and agree the basis of
allocating operational targets as
part of 3 year CIP, ensuring
capacity and expertise is
developed so that plans are
expressed in QUiPP and QuEP
categories making use of all
internal and external
benchmarking data, e.g. SLR.
Completion target to be
consistent with commencement
of strategic CIP work, end of Q1.
Integration of the plan within
overall financial modelling
including explicit cross‐model
audit trails of the impact of CIPs
within the external and internal
financial models (e.g. LTFM, LTSM,
FIMS)
Prepare a detailed financial plan
with sufficient income based
resources to meet anticipated
expenditure in accordance with
operating framework imperatives,
capacity plans and risk reserves.
Ensure that Board reporting is
clear between the DH target
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Summary Position as at end of Quarter
Three (December 2011)
the Trust took the decision to increase the CIP
plan above that agreed at the start of the
financial year.
The exceptions reporting and replacement
scheme protocol is in place as part of
recovering the position during 11/12 including
the approval of replacement schemes where
appropriate. Separate bi‐weekly meetings and
monitoring of weekly expenditure in some
areas is in place as are regular reports to PMB,
FPC and Trust Board. The Full Year Effect of the
programme is separately monitoring and shows
underlying delivery.
Additional resources are being placed into the
Divisions to bolster capacity in order to assist
with getting back on track.
Year to date surplus (M8) of £583k versus plan
of £591k. This is slightly ‘off plan’ but is not
altering the forecast to yearend owing to the
measures being adopted to improve the
position.
Similar to the reporting of CIP performance,
enhanced reporting is provided to the Finance
Red /Amber
/Green
Assessment
4