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  • "
    Crossbenchtory wrote:

    Crossbenchtory wrote:
    This is true, but it is a bulk funding arrangement which means it is to the WAG to decide where the money is spent and they have deliberately neglected NHS funding and are thus culpable, as I stated above.
    If the WAG are given a smaller pie, it's not really their fault if they have to cut smaller pieces to share round is it?

    Though to be fair - they do waste a considerable sum just by being the WAG (coughcoughAIRPORTco

    As you say, they can afford to waste money on nationalising a failing airport, not to mention increasing the number of civil servants in Wales (as opposed to Westminster which has cut the number of beauraucrates), wasting money on unnecessary translations of assembly proceedings (which no one reads), countless enquiries that are essentially ignored when they report, a new socialist think tank to say how wonderful all their communistic ideas are and all that on top of the utter waste of money that is the assembly in the first place.

    It would seem that any rational person could only conclude that the heart of the problem is in fact devolution and the very existence of the assembly. Sensible solution, abolish the Welsh Assembly.
    Spot on."
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Gwent health board facing £100m budget gap

Gwent health board facing £100m budget gap

Gwent health board facing £100m budget gap

First published in News
Last updated

GWENT'S health board is warning that it will need to close an eyewatering budget gap of at least £100 million during the next three years, in order to balance its books.

The sobering estimate of the financial challenge facing Aneurin Bevan Health Board is reported in its medium term plan.

And the plan cautions that the estimate is based on a number of assumptions regarding issues like the costs of drugs and Continuing Healthcare, the treatment needs of the population, and on the health board breaking even this year.

On that basis, the estimate of the financial challenge to the end of 2016/17 is put at just over £107m.

But the report states: "This is considered a conservative estimate when compared to previous years, and with other health board peers. It is therefore important to note that the scale of the financial challenge may be materially greater than this assessment, but is unlikely to be lower."

That £107m is assessed as being around four per cent of the total expenditure over the three-year period 2014/15, 2015/16 and 2016/17.

One factor that could make the figure even greater however, is if the health board fails to break even this year. Currently, it is forecasting an overspend for 2013/14 of £5.6m, which if previous arrangements were followed would require it to borrow the deficit sum from the Welsh Government, repaying it the following year.

Issues such as wage awards and the fluctuating costs of agency and locum staff could also have in bearing over the size of deficits in the next three years.

But the health board is that ongoing root-and-branch reviews and reorganisations of services and work patterns will help deliver the savings required to bridge the budget gap, while acknowledging that the challenge is huge.

Major shake-ups in the way key services such as A&E, neonatal, paediatric and obstetrics are provided will be announced next week, and these could help reduce costs, but even more wide ranging changes in the way the NHS in Gwent operates will be required.

The health board has already, over the past five years, saved more than £150m in order to cope with the financial challenges of shrinking NHS Wales budgets.

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