Consultation on changes to the risk assessment framework: June 2015

Document type
Discussion paper
Corporate author(s)
Monitor (Agency : Great Britain)
Publisher
Monitor
Date of publication
3 June 2015
Subject(s)
Health Services
Collection
Social welfare
Material type
Reports

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The NHS faces a continuing and significant challenge to simultaneously improve quality, meet access targets and drive up productivity. Meeting this challenge means there can be no let-up in the pace and scale of change in provider organisations. Given this challenging context Monitor is proposing a number of measures to strengthen its regulatory regime so that it can help foundation trusts live within their means and support improvements in financial efficiency across the sector.

These measures include proposed changes to the risk assessment framework and the NHS foundation trust accounting officer memorandum described in this consultation document. Monitor is proposing these changes to enable it to take regulatory action earlier if a foundation trust is in deficit, failing to deliver its financial plan, or not providing value for money

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