Three new foundation trusts authorised by Monitor26th November 2009
Monitor, the independent regulator for NHS foundation trusts, has confirmed the following foundation trusts will be authorised from 1 December 2009:
- Liverpool Heart and Chest NHS Foundation Trust;
- Northumberland, Tyne and Wear NHS Foundation Trust; and
- Royal Surrey County NHS Foundation Trust.
The announcement means there are now 125 NHS foundation trusts in total, of which 37 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: Three new foundation trusts authorised by Monitor
Author: Martine Hamilton
Article Id: 13392
Date Added: 26th Nov 2009