In November 2008 KGH achieved Foundation Trust status. NHS foundation trusts are a fundamental part of the current NHS reform program. They reflect the move from a centrally managed service towards one that is managed locally and so more responsive to patients.
NHS foundation trusts are:
- a new type of NHS organisation, established as independent public benefit corporations;free from central government control and from strategic health authority performance management;
- providers of healthcare according to core NHS principles - free care, based on need and not ability to pay;
- accountable to local people, who can become members and Council Members;
- free to innovate for the benefit of their local community and patients;
- able to decide for themselves what capital investment is needed in order to improve their services;
- free to retain any surpluses they generate and to borrow in order to support this investment; and
- authorised and monitored by Monitor - Independent Regulator of NHS Foundation Trusts
Monitor
Monitor regulates NHS Foundation Trusts, making sure they are well managed and financially strong so that they can deliver excellent healthcare for patients.
Links
Monitor, www.monitor-nhsft.gov.uk/
Documents
KGH Foundation Trust Constitution
Membership Application Form
Membership FAQs
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