NHs Borders has welcomed their share of £8.584 billion in revenue funding from the Scottish Government.
The news arrived in the same week it was announced that £300 million will be ploughed back into frontline services through efficiency savings over the next year,
NHS Borders will benefit from £167.3 million over 2011/12 and chief executive Calum Campbell said it would help remedy the rise in medicine costs while also helping them to meet the needs of an increasing number of elderly patients.
The £8,584 billion of nationwide funding will also support the Scottish Government’s commitment to continue to reduce healthcare associated infections, deliver the 18 week referral to treatment standard and invest a further £25 million in 2011-12 to fully abolish prescription charges.
In addition, boards will split capital funding of over £488 million which will build new fit-for-purpose facilities and improve those that already exist.
This means a total of £11.4 billion will be invested in healthcare across Scotland this year, an increase of £191 million on last year.
The revenue allocations for NHS boards were calculated using the National Resource Allocation Committee formula.
Chief executive Calum Campbell, commented: “We welcome the uplift in funding from the Scottish Government, which comes at a time when we are continuing to make efficiency savings while ensuring we provide high-quality clinical services.
“The funding, together with the savings we plan to deliver, will be used to help us meet the demands placed on our services, such as the rising costs of drugs.”
Savings which have already been delivered include: 15% savings challenge for NHS Borders support services, such as IM&T, finance, HR, estates and facilities; Allied Health Professionals (AHP) workforce and skill mix review; improved purchasing of supplies using national contracts; minimising drugs budget cost increase; redesign projects; reviewing and updating capital charges and rates costs for NHS Borders buildings.