The Isle of Man health provider is struggling with rising pay and other inflationary pressures.
Manx Care's budget is "some way adrift" of the levels recommended when the healthcare provider was created two years ago, its chief executive said.due to an ongoing deficit, rising pay levels and other pressures.
Teresa Cope said Covid-19 and wider economic issues had "significantly" impacted Manx Care's finances."We always want to protect spend on frontline care, but overall costs and inflation are creating a real significant cost pressure," said Ms Cope.Manx Care was set up in 2021 as an arms-length body by the Isle of Man government to take over the day-to-day running of health services from the Department of Health and Social Care .
The restructure was recommended in a review by former NHS Foundation Trust chief executive Sir Jonathan Michael.Manx Care is currently spending about £80m less than what Sir Jonathan anticipated health services on the island would need to continue to improve, according to a report by its finance director Jackie Lawless.
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