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Monday 5th December 2016
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University Hospitals of Morecambe Bay is authorised by Monitor to become an NHS foundation trust

5th October 2010

Monitor, the independent regulator of NHS foundation trusts, has confirmed the following foundation trust will be authorised from 1 October 2010:

University Hospitals of Morecambe Bay NHS Foundation Trust

The announcement means there are now 131 NHS foundation trusts in total, of which 40 are mental health NHS foundation trusts.

Having achieved NHS foundation trust status the trust will benefit from a variety of new freedoms:

  • NHS foundation trusts are free from central government control and are able to decide how to improve their services;
  • NHS foundation trusts retain any surpluses they generate to invest in new services, and can borrow money to support these investments; and
  • NHS foundation trusts 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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