Monitor welcomes two new foundation trusts31st October 2008
Monitor, the independent regulator of NHS foundation trusts has today confirmed the following foundation trusts will be authorised from 1 November 2008:
- Burton Hospitals NHS Foundation Trust; and
- Kettering General Hospital NHS Foundation Trust.
The announcement means there are now 109 NHS foundation trusts in total, of which 31 are mental health NHS foundation trusts.
- Having achieved NHS foundation trust status these trusts will benefit from a variety of new freedoms:
- they are free from central government control and are able to decide how to improve their services;
- they can retain any surpluses they generate to invest in new services, and can borrow money to support these investments; and
- they are accountable to their local communities; local people can become members and governors.
These freedoms mean NHS foundation trusts can better shape their healthcare services around local needs and priorities and the requirements of their primary care trusts.
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Title: Monitor welcomes two new foundation trusts
Author: Martine Hamilton
Article Id: 9003
Date Added: 31st Oct 2008