Financial Summary
Alder Hey’s financial performance matches the Trust’s achievements in quality and delivering world class care.
Sue Lorimer, Director of Finance and Commissioning, outlined the Trust’s financial achievements in 2010/2011.
“We also achieved a financial risk rating of ‘5’ from Monitor, which is the highest level possible. This demonstrates an excellent use of our resources and we will be aiming to keep performing at this level.
“Although we are looking forward to our new Children’s Health Park we must ensure that we still maintain our current buildings and infrastructure. We invested £5.9m in capital developments, including £2.1m on medical equipment. This investment into leading edge equipment included £300k on ventilators for our Intensive Care Unit and £100k on neonatal incubators. We also made £700k of improvements to our outpatients departments and received £600k from the Andrew Flintoff Foundation to re-develop our Physiotherapy facility.”
