The NHS Fife Board today approved the annual accounts for 2016/17 following an unqualified independent auditor’s report issued by Audit Scotland. The external auditors concluded their assessment of the Board’s financial statement and wider aspects of financial management and sustainability; governance and transparency in June. They confirmed NHS Fife met its financial targets and reported their ‘unqualified opinion’ – that is - a clean bill of health in all aspects of the accounts.
Welcoming the report, NHS Fife Chief Executive Paul Hawkins said ‘2016/17 was a challenging year financially for NHS Fife with an initial gap of £30m against our revenue budget. Staff have worked exceptionally hard on a range of projects and initiatives to address the financial challenges, while continuing to deliver safe, effective and high quality care for our patients’.
NHS Fife Chair Tricia Marwick said ‘The Board is pleased to approve NHS Fife Annual Accounts for 2016/17 and recognises the hard work that has helped secure a good financial position despite a challenging outlook a year ago. As we move into the new financial year, we will continue to scrutinise operational financial performance and delivery of the savings linked to our transformation programme and to a rigorous programme of efficiencies and good housekeeping. We are committed to continuing to deliver excellence in clinical standards and patient care while ensuring best use of resources.