Director calls for more long-term approach to finance after £5m overspend
Manx Care has to look forward at the next 10 to 15 years to tackle its budget issues after overspending by around £5m in the last financial year.
Non-executive director Nigel Wood has called for a more long-term approach after providing an update on the board's finances for the 2022-23 period.
He also revealed a number of the healthcare provider's bids to Treasury have been rejected.
Mr Wood says it may be time for a new approach:
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Improvements being made as part of ongoing RDCH work