Southern DHB improves its deficit ranking nationally

Southern District Health Board improved its deficit ranking nationally from second to eighth in the last financial year.

At the beginning of last financial year, it expected to have a deficit of almost $15 million, but ended the year with a much smaller $1.63 million amount.

The largest deficit from the 20 boards was as expected from Capital and Coast DHB, although this was more than $6 million lower than the estimate of $33.38 million.

Southern's second place slot was taken by the West Coast with a deficit of $7.13 million, a similar result to its previous year.

Canterbury, which before the earthquakes had been planning to break even, ended the year with a small $40,000 deficit.

The other two South Island DHBs recorded surpluses - South Canterbury of $1.04 million and Nelson Marlborough $711,000.

Nationally, boards were ahead of their budgets by $56.39 million, with 11 of the 20 boards finishing in the black, when only seven had planned to either break even or record a surplus.

The total deficit was $20.08 million when $76.47 million had been expected.

In the previous financial year, Southern had the second highest deficit on $14.77 million and the total deficit for all boards was $101.87 million.

That year, six boards finished the year in surplus.

 

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