Swansea Bay University Health Board is getting more funding as a result of deprivation levels in the area - a decision described as "a very significant moment" by its chairwoman. Emma Woollett said the funding increase meant the organisation, which has reported financial deficits in recent years, could forecast a balanced budget and invest more money in services.
Speaking at a health board meeting on July 28, she said: "Welsh Government have acknowledged the shortfall of our funding allocation for the deprivation levels of our population and have agreed an uplift in our recurrent allocation to allow us to focus on improving the population health of Swansea Bay." Ms Woollett said financial discipline was still required for the health board to forecast a balanced position this year and for future years.
"This is undoubtedly a very significant moment for the health board," she said. "Welsh Government's decision to support our case reflects greater confidence in us as a board and the organisation as a whole, and that's a huge achievement for the team and every member of the health board."
