Today Monitor has confirmed that they are approving the Foundation Trust applications of 3 NHS Trusts.
Derbyshire Community Services NHS Trust, Bridgewater Community Healthcare NHS Trust and Royal United Hospital Bath NHS Trust will all become Foundation Trusts on Saturday 1 November 2014.
These decisions mean there are now 149 NHS Foundation Trusts. They are the first Trusts to be authorised as Foundation Trust since 2013. Bridgewater and Derbyshire are also the first community health trusts to achieve foundation trust status.
To achieve Foundation Trust status, each trust had to prove it is well-led, consistently providing high quality care and is financially sustainable. The Care Quality Commission used its new inspection regime to assure the high quality of care provided by these trusts.
Foundation Trusts are:
- free from central government control and able to decide how to improve services for patients
- able to retain any surpluses generated to invest in new services, and borrow money to support these investments
- accountable to their local community, with local people able to become members and governors.