Annual Report - Central Manchester University Hospitals - NHS ...
Annual Report - Central Manchester University Hospitals - NHS ...
Annual Report - Central Manchester University Hospitals - NHS ...
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Better Payment Practice Code - measure of compliance<br />
9 Months to 31st December 2008<br />
Number £000<br />
Total Non-<strong>NHS</strong> trade invoices paid in the nine months to 31st December 2008 112,565 184,290<br />
Total Non <strong>NHS</strong> trade invoices paid within target 99,657 157,802<br />
Percentage of Non-<strong>NHS</strong> trade invoices paid within target 89% 86%<br />
Total <strong>NHS</strong> trade invoices paid in the nine months to 31st December 2008 5,126 55,607<br />
Total <strong>NHS</strong> trade invoices paid within target 3,595 44,087<br />
Percentage of <strong>NHS</strong> trade invoices paid within target 70% 79%<br />
The Better Payment Practice Code requires the Trust to aim to pay all undisputed invoices by the due date or within 30 days of<br />
receipt of goods or a valid invoice, whichever is later.<br />
The Late Payment of Commercial Debts (Interest) Act 1998<br />
The Trust made no payments under The Late Payment of Commercial Debts (Interest) Act 1998 in the nine months to 31st<br />
December 2008 (£11k 2007/08).<br />
Management costs<br />
9 Months to<br />
2007/08<br />
31st December 2008<br />
£000<br />
£000<br />
Management costs 14,023 15,452<br />
Income 454,835 567,451<br />
Management costs as a proportion of income (%) 3.08% 2.72%<br />
Management costs are defined as those on the management costs website at www.dh.gov.uk/PolicyAndGuidance/<br />
OrganisationPolicy/FinanceAndPlanning/<strong>NHS</strong>ManagementCosts/fs/en..<br />
page 32<br />
<strong>Central</strong> <strong>Manchester</strong> and <strong>Manchester</strong> Children’s <strong>University</strong> <strong>Hospitals</strong> <strong>NHS</strong> Trust