Best Health for Everyone

What we spend

Financial Performance

The financial statements incorporated within this report illustrate another successful year for the PCT, although not without challenge. We have seen a significant increase in both emergency admissions and out-patient referrals and we have experienced cost pressures in relation to community pharmacy fees and prescribing costs. Fortunately, we were able to accommodate these over-spends from managed under-spends on other areas of the Commissioning portfolio. Within this challenging context, NHS Coventry has met all of its key financial targets, as summarised in the table below:  

 Statutory Duty  Target  Actual  Variance Met? 
Net Expenditure not to exceed
Revenue Resource Limit (Excluding Non-Disc Expenditure)		  554,584  549,940  4,644  Yes
Expenditure not to exceed Capital Resource Limit  3,050  3,050  0  Yes
To remain within Cash Limit 549,411   549,411  0  Yes
To achieve full cost recovery on Provider Services  0  0  0  Yes
This performance is reflective of the efforts of PCT staff who have deployed resources effectively and managed budgets conscientiously throughout the past year.    

Financial Strategy

The current national economic picture will undoubtedly impact on public sector finances, with 2010/11 expected to be the last year of real terms growth for the NHS for the foreseeable future.  From our economic modelling work, we know that simply continuing as we are is not sustainable and also that, given our demographic pressures, acute activity will continue to rise steeply at significant cost unless we can intervene earlier.

Our focus, therefore, will be on reducing variation in clinical practice, a combination of pro-active case management and supported self care to better manage long term conditions thereby reducing reliance on hospital services and the streamlining of pathways thereby improving overall productivity.  This is a challenging agenda which will require partnership working across the local health and social care system but is essential if we are to release funding in order to continue to make investments designed to achieve our core purpose of tackling inequalities and improving the health and well-being of our communities.

Our focus for 2010/11 will be to use available growth monies to support the strategic service redesign necessary to ensure a financially sustainable future.         



Yearly account reports
xls NHS Coventry financial report 2010-11

HM Treasury – Publication of spend over £25,000

As part of the government’s commitment to greater transparency, there is a requirement to publish online, central government expenditure over £25,000.

Following discussions with the Department, HM Treasury have confirmed that NHS bodies are required to publish all expenditure over £25,000 from 1st April to 30th September 2010, by 31st October 2010.

Publication will then continue on an ongoing basis, on the 15th working day of each month, starting on 19th November, with October’s expenditure.

xls Treasury Report Apr-Sept 2010
xls Treasury Report October 2010
xls Treasury Report November 2010
xls Treasury Report December 2010
xls Treasury Report January 2011
xls Treasury Report February 2011
xls Treasury Report March 2011
xls Treasury Report April 2011
xls Treasury report May 2011
xls Treasury report June 2011
xls Treasury Report Aug 2011
xls Treasury Report Sept 2011
xls Treasury report October 2011
xls Treasury report November 2011
xls Treasury Report December 2011
Treasury Report Jan 2012
Treasury Report Feb 2012

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  • acute
    A disease of rapid onset, severe symptoms and brief duration. The majority of services provided by hospitals are for acute illnesses.
  • Commissioning
    Process by which the health needs of the local population are identified. Priorities for investment are set and appropriate services are purchased and evaluated. Primary Care Trusts do not provide all of the healthcare services needed by the local population, they buy-in or commission services from other provider organisations. Typically this includes local hospitals.
  • PCT
    Primary Care Trust. A PCT is responsible for commissioning the most appropriate services for the local community.