Issue - meetings

The Board gave consideration to a report providing a summary of the financial position of the Health and Social Care Partnership as at the end of month four.  The report also provided an update on the delivery of the savings programme and the use of reserves.

Decision

The Integration Joint Board –

1.    noted that there was a relatively small forecast revenue overspend of £423k as at the end of month 4;

2.    noted confirmation that savings of £6.2m had been delivered, 70% of target;

3.    noted that earmarked reserves of £0.9m had been committed to date; and

4.    noted that additional formula funding had been allocated to Health Boards to improve financial sustainability.

(Reference:  Report by Head of Finance and Transformation dated 30 August 2023, submitted)