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Our finances

With an annual budget of £303 million, it is important that we spend our money in the most effective way for patients.

Finance


Our finance and performance directorate provides financial management, financial accounts and services and performance management. The performance management team assists in negotiation, pricing and monitoring of the Trust`s contracts. They also produce reference costs for the Trust, which identifies the Trusts costs for all procedures performed in the previous year, by HRG (Healthcare Resource Group) Classification.

Business Finance: The business finance team support managers at Stockport NHS Foundation Trust, providing reports and analysis on expenditure and income throughout the year. They also set budgets and provide financial information and support. Corporately, the team provide hospital and community wide reports on the financial performance of each department to the senior management team and the Trust Board.

Financial Accounts: The financial accounts team manages our Trust’s cash, and deals with the payment of creditors, collection of income, internal controls and production of statutory accounts. They also manage the Trust’s charitable funds.

Financial Services: The accounts payable team is responsible for ensuring that the invoices that our Trust receive are entered onto the finance system. Invoice payment is processed within this department, together with any supplier enquiries.

Our sales ledger team section ensures that the income due to our Trust is received in a timely manner. The initial stage is the production of an invoice, and then credit control procedures are instigated if the debt is not paid within the agreed timescales. The Trust`s general office is based in Rowan Suite and is the public face of the finance department. The office itself is the point of contact for patients travel claims and property, as well as providing services to staff.

Click here for a guide on how to do business with Stockport NHS Foundation Trust.

Our latest Annual Report and Accounts are here Annual Report and Accounts 2016-17   

© Stockport NHS Foundation Trust 2025. Stepping Hill Hospital, Poplar Grove, Stockport, SK2 7JE. 0161 483 1010