Partly Cloudy

Partly Cloudy

max temp: 27°C

min temp: 19°C

ESTD 1874 Search

Bury St Edmunds: West Suffolk Hospital improves financial forecast by £1.7million - but chief executive Stephen Graves is on his way out

09:09 28 July 2014

Stephen Graves, West Suffolk Hospital chief executive, who is leaving after more than four years.

Stephen Graves, West Suffolk Hospital chief executive, who is leaving after more than four years.

Archant

Cash-strapped West Suffolk Hospital has been given a boost after it formally approved a £1.7million improvement in its end-of-year budget.

shares

However, it faces a period of uncertainty at the top with the departure of chief executive Stephen Graves, who is leaving the trust after more than four years.

There were warnings against complacency over its budgetary upturn at Friday’s board of directors meeting, when the hospital’s target deficit was rubber-stamped to drop from £8m to £6.3m.

Mr Graves still called the revised end-of-year position “unsustainable”, while the trust’s director of resources, Craig Black, added: “The thing I’m worried about is you could look at this report and feel a bit complacent.”

Mr Graves will leave the trust next month to become chief executive of the Peterborough and Stamford Hospitals Trust, which is facing 
a deficit of £40m this year.

Mr Graves, who was paid around £150,000 last year, said he was looking forward to “doing something very quirky”.

“I think this organisation has been at the forefront of pushing the patient safety agenda,” he added.

“If I can leave thinking and hopefully knowing that most people in this organisation get out of bed in the morning and think that’s an important thing, I can leave as a happy person.”

Board of directors chairman Roger Quince said: “He’s been a great chief executive and he’s leaving this place in a far better state than he found it when he arrived.”

Former medical director Dermot O’Riordan has been appointed as interim chief executive, with interviews to replace Mr Graves due to take place this week.

Dr Pam Chrispin has replaced Mr O’Riordan as medical director in the shake-up.

Friday’s meeting saw further warnings about local and national factors that could derail the 
hospital’s improving financial health.

Last weekend’s hot weather caused West Suffolk’s A&E department to have its first and third-busiest days on record.

Like all NHS hospitals, West Suffolk is subject to the marginal tariff, which means it receives only 30% of funding for providing non-elective (emergency or urgent) treatment above a baseline level.

The tariff aims to encourage investment in services outside A&E, but meant the hospital missed out 
on £3m in 2012/13 for emergency care it provided. While the hospital’s 
non-elective activity continues 
to rise, this has been offset with a bigger rise in pre-planned elective activity, for which it is paid the full tariff.

However, a national consultation on NHS tariff funding includes the possibility of introducing a similar tariff system for non-elective treatment.

“Our strategy is to grow our catchment area and to grow our elective activity that we are doing, because that explicitly subsidises the fact that we make a loss on emergency care,” said Mr Black.

“The potential change to the way elective activity is funded could have a significant impact on our strategy, but it very much depends on how that plays out.”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Morgan and Harry Hutchins stay cool during the day, but how you cool down at night?

Temperatures across the county soared to 33 degrees Celsius today, making it the hottest day of the year so far.

A forest fire near Kingfisher Lake

Crews were called just before 2pm to the fire near Kingfisher Lake, just off the B1107.

David Sims, 69, a firearms enquiry officer, is due to in court to answer three counts of possessing a firearm of length less than 30cm  prohibited weapon, possessing ammunition without a certificate and possession of a firearm without a certificate.

The man, who has dementia, was with a friend when he wandered off at around 2pm.

Archant Suffolk photographer Sarah Lucy Brown shares an image of sunny Aldeburgh on her Instagram account

This week temperatures could rise to a sweltering 33C in East Anglia.

Stansted Airport

A report into the future of Britain’s airports does not rule out a second runway at Stansted – and raises fears of extra night flights to the Essex airport.

Artist's impression of 'Jubilee Place' and Jubilee Walk, one of the new quarters put forward in the Haverhill town centre masterplan.

Members of the public will be able to find out more about plans to revitalise Haverhill town centre when a bus parks up for three days from tomorrow.

Dermot O'Leary

Colchester boy Dermot O’Leary has been announced as the new ceremonial head of a north Essex hospice.

The Quay Theatre in Sudbury.

Only half of those responding to an online survey about Sudbury have visited historic market town’s key tourist attraction, figures have revealed.

Elderly woman taken to hospital with life threatening injuries

The 82-year-old died from her injuries following a collision with a Ford Fusion this afternoon.

Morgan and Harry Hutchins stay cool during the day, but how you cool down at night?

There is only so much relief the cold side of the pillow can bring, so here are our ten tips for sleeping in a heatwave.

Most read

Most commented

Topic pages