Report on the NHS summarised accounts 2006-07: achieving financial balance
In the last financial year the Department of Health made financial recovery priority and managed to turn the deficits of 2005-06 to a surplus of £505 million in 2006-07. The Comptroller and Auditor General is the statutory auditor of the financial accounts of the NHS and has the duty to certify and report to Parliament on them. This report is published alongside in the NHS Summarised Accounts to provide more detail on the financial performance of the NHS, how it moved into balance and the challenges that face it in the future.
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This report has been prepared under KEYFACTS
December 2007 PART
31 March 450 million 515 million analysis of NHS Annual Health Check Audit Commission Audit Office analysis break-even cent of NHS Commissioning a Patient-led Comprehensive Spending Review Comptroller and Auditor costs deficit reported deliver Department of Health double deficit expenditure Figure Financial Performance quarter financial standing forecasts funds gross deficit Health Authority areas Healthcare Commission Hospitals NHS Trust identified improvement income increase individual NHS organisations King's Fund largest deficit Source Monitor National Audit Office NHS Financial Performance NHS Foundation Trusts NHS Summarised Accounts NHS Trusts reported non-elective admissions organisations in deficit Patient-led NHS patients Payment by Results Performance of NHS Primary Care Trusts proportion of NHS Quality of services quality rating receiving a quality reduced Reported financial position reporting a deficit Revenue Resource Limit savings sector significant Strategic Health Authorities surplus to largest target top-sliced Trusts and NHS Trusts in deficit turnaround organisations turnaround process University Hospital