Medium Term Financial Strategy

 

The Medium Term Financial Strategy sets out how our resources will be targeted at the delivery of NHS Grampian’s strategic priorities from 2022-2027.

 

The Medium Term Financial Strategy outlines the financial climate in which we will operate over the next five years and the assumptions underpinning our planning. The financial position for public services continues to be challenging, and it is vital that our ambitions are set within the context of available funding to ensure financial sustainability in the medium term.

 

The strategy will ensure that resources are targeted at delivery of our priorities as outlined in NHS Grampian’s Plan for the Future and support improved outcomes through transformation of service delivery across pathways, equitable access for our population and inclusive growth. The strategy will consider the range of complex factors impacting the financial climate over the next five years including:

  • Scottish Government funding levels.
  • The predicted rise in costs.
  • Changing demographics.
  • Latent demand for health services along with new pressures which will impact on the system.
  • Scottish Government policy priorities, as outlined in the Programme for Government.

 

Additional Reading