Covid puts Fairfield in ‘vulnerable’ financial position

Fairfield Independent Hospital has said its financial position remained ‘vulnerable’ in FY 2021 as the Covid-19 pandemic continued to restrict activity. Total income was up 37% on 2020 to £13.6m but remained below pre-pandemic figures. Total expenditure increased by almost 32% to £14.2m resulting in a net deficit of £654,000 against a deficit of £907,000…

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