The Chief Executive of the NHS in Wales has admitted that the service will have to find £70m worth of savings if it's to break even at the end of this financial year. David Sissling said the figure which was described as the 'most likely scenario' by the Wales Audit Office last week was 'realistic.'
But he insisted that the local health boards which operate services will break even. He told AMs on the Public Accounts committee that the £70m figure sets out the 'level of pressure' facing the NHS.
£45m surge in demand
Mr Sissling pinned the blame for the difficulty in reigning in spending in the NHS on unforeseen increased demand which he said was costing it £45m. Most of that demand he said stemmed from an unexpected surge in the numbers of older people moving to Wales from England.
He also told the committee that the Welsh NHS has a contingency fund of £50m which could be used to help out those boards which are struggling most with the increased demand.
The Chief Executive of the NHS in Wales has admitted that the service faces a £70m overspend but insists it will break even.
The Wales Audit Office warns that a prediction from NHS bodies of an end-of-year deficit of around £70m could be even higher.