The Welsh Government says it will read a new report into the finances of NHS Wales "with interest."
The report by the Public Accounts Committee found that NHS Wales finances are improving, but "cannot yet be given a clean bill of health."
A new report by a Committee in the National Assembly says the state of NHS Wales finances are improving, but "cannot yet be given a clean bill of health."
The Public Accounts Committee report also expressed "significant concerns" about the controls in place to assist Health Boards plan more flexibly.
The state of NHS Wales finances are improving but cannot yet be given a clean bill of health, according to a new report from a National Assembly for Wales Committee.
The Public Accounts Committee has welcomed Welsh Government moves towards more flexible financial planning, but is not convinced that the introduction of the new system has been sufficiently well planned to ensure it is fit for purpose.
It believes Health Boards should be provided with more assistance in developing financial plans and that there should be clear information available concerning the criteria by which they are being assessed.
The Committee was also concerned that a request for up to date information regarding NHS Wales' financial position was not met for two months, leaving members to wonder whether the Welsh Government had a sufficient handle on the situation.
Confusion also surrounded the purpose of extra funds provided to health boards in two separate payments totalling £200 million.
The Welsh Government indicated that the funding was not a "bail out" for health boards who were struggling with a combined deficit of £212 million, but the Committee concluded that the in-year payments helped to reinforce poor financial planning in the Welsh NHS.