agenda welcome, introduction and apologies chief executives report –annual review finance report...

Agenda• Welcome, introduction and apologies

• Chief Executives Report– Annual Review

• Finance Report– Annual Accounts

• Questions and Answers

Frances Street

Chairman

Refreshing our values

Health is our passion, with patients at the heart of everything we do

Exceptional care as standard

Actively supporting each other to do our jobs

Responsive, professional and innovative

Trusted to deliver

Simon Gilby

Chief Executive

Annual Review• Consistently providing safe,

high quality care and services

• Care Quality Commission registered

all services without conditions

• Met or exceeded 98% of our contractual targets

• 1.1 million patient contacts with business

growth into Cheshire and wider Merseyside

Annual Review• Listening to our patients carers

and staff

• 30% increase in patient feedback

• Openness and transparency in

updating safety and performance• Achievement of our quality objectives

outlined in our ‘Quality Account 2012/13’

Annual Review• 96% of patients recommending our

services to family and friends• Over 4160 members (Sept 13*)

• 81% of staff happy with the quality of work and patient care they provide

• Worked closely with our commissioners and partners in providing safe, high quality services

*March 2013 - 3600

Looking forward• Demand for health care is increasing

• Over 25% of the population are 60+

• We need flexible and targeted services

• We need holistic and integrated approaches to care

• Patients and service users are partners

Looking forward• Maintaining quality in context of a

challenging economic climate

• Continue to secure existing core business

• Maximise development opportunities • New and different services

• Building on strong partnerships

Foundation Trust

Pre March 2011:Provider arm of an award winning PCT.(HSJ PCT 2007 Award)

April 2011:Newly formed NHS Trust – as recommended by SHA, PCT Cluster and CCG Commissioners.

April 2013:Well established NHS Trust – embedding integrated and partnership working across primary, acute and social care in Wirral.

2014:Monitor assessment and FT approval

Our commissioners support it

Our staff support it

Our patients and the wider community support it

Steve Wilson

Finance Director

Annual Review-Finance• Achieved all of our Statutory

Financial Duties for a second year

• Received £66m for delivering healthcare services across Wirral and beyond

• We delivered a surplus of £917k • We invested £500k on capital and

infrastructure items

• We delivered £2.8m of efficiency savings

Where does our fundingcome from?

• Trust received £66.5m for delivering healthcare services to patients

• Trusts total income comes from the following sources:

How do we spend our funding?

• We spent a total of £65.6m in the delivery of our services to patients

• The majority of our income £46.9m was spent on staff costs

• Total costs broken down as follows:

Statutory Duties

Statutory Duty Target Planned Performance Actual Performance

Break Even Duty Break-even £900k Surplus £917k Surplus

Capital Cost Absorption Rate 3.5% 0% 0%

Capital Resource Limit £500k or less £500k £500k

External Financing Limit £3,875k £3,875k £2,825k

Our Financial Future• Contract Income growth of 8.5% in

2013/14

• Deliver £3.3m or 4.7% costs savings in 2013/14 through cost improvement plans

• To achieve a further 17% saving of total costs by 2017/18

• Continue to respond to changes in the NHS commissioning landscape

• Continue to respond to the increasingly competitive market through the Any Qualified Provider (AQP) contracts

Cost Improvement Challenge• The NHS nationally needs to make

efficiencies• We all have to play our part

• It’s a big part of our business plan • Cost improvement isn't just about

saving money• It's about being flexible, creating new

learning opportunities, being responsive and working smarter

• We must ensure quality of care is not compromised in delivered savings and efficiencies

Questions & Answers