Pooled Budget definition
Pooled Budget means those elements of each Approved Budget within the Integrated Health and Care Fund which can legally be “pooled” under “pooled fund arrangements” entered into pursuant to Section 75(2)(a) of the ▇▇▇ ▇▇▇ ▇▇▇▇ and Regulation 7 of the NHS Regulations 2000 and which the Partners have determined or shall determine will be pooled. The element of the Services that fall within the Pooled Budget are indicated at Schedule 3.
Pooled Budget means the Financial Contributions of each Partner pooled into a designated account held by the Lead Partner and managed by the Head of Adoption and the Partnership Board in accordance with Schedule 5 (Financial Protocol); Staff: mean all officers, employees, agents, consultants and contractors of the Partners and/or of any sub-contractor engaged in the performance of their obligations under this Agreement to be managed by the Head of Adoption; Regional Panel(s) means the panels that will be held to support the functions of each Partner’s adoption agency decision-maker in accordance with Schedule 10 (Adoption Panels);
Pooled Budget means that different agencies contribute funds, but one host agency accounts for the money. Less formally, budgets can be aligned. This occurs when different agencies effectively keep their money in their own accounts but align the money toward agreed joint outcomes (Lorgelley et al 2009). A number of legislative examples of pooled funding are in existence in England. Section 28a of the NHS Act 1977 and Section 31 Partnership Arrangements of the Health Act 1999 enabled local authorities and NHS trusts to pool finances through legal agreements. Section 75 of the NHS Act 2006 allows the pooling of funds where payments may be made towards expenditure incurred in the exercise of any NHS or ‘health-related’ local authority functions. Section 75 also allows for one partner to take the lead in commissioning services on behalf of the other (lead commissioning) and for partners to combine resources, staff and management structures to help integrate service provision (integrated management or provision), commonly known as ‘Health Act flexibilities’. Staff can be seconded/transferred and managed by another organisation’s personnel. The Act also makes provision for the functions (statutory powers or duties) to be delivered on a daily basis by another partner, subject to the agreed terms of delegation. This legislation only applies to local authority and health partners.
Examples of Pooled Budget in a sentence
HBC Internal Audit will also provide an independent review of the systems associated with the management of the Pooled Budget, in line with their Audit Plan.
Appointment of Commissioning Function and Pooled Budget Function 8.
The operation of the Pooled Budget is therefore subject to the Council’s obligations for Best Value and the CCG will co-operate with all reasonable requests from the Council which the Council considers necessary in order to fulfil its Best Value obligations.
This Agreement and the operation of the Integrated Health and Care Fund and any Pooled Budget are therefore subject to ensuring compliance with the CCG Statutory Duties and clinical governance obligations.
The Finance Manager will contact the Budget Managers within Adult and Older People Services, including the Pooled Budget Manager, to request any information required and arrange meetings with Budget / Pooled Budget Managers during September and October each year, in preparation of setting the budget for the forthcoming year.
More Definitions of Pooled Budget
Pooled Budget shall have the meaning set out in this Agreement more particularly in clauses 2, 6 and 7.
Pooled Budget means a formal arrangement under Section 75 of the National Health Service Act 2006. Under such an arrangement both Partners make specified financial contributions out of which payments will be made towards expenditure incurred in the exercise of specified NHS functions and social care functions on which the Partners have agreed. The agreement sets out the aims, accountabilities and responsibilities and how much is being committed and for how long as well as how the associated financial risks will be managed and shared.
Pooled Budget means the budget agreed between the Parties for the purpose of securing the Services or part of them pursuant to this Agreement, made up of the Financial Contributions from the Parties in accordance with the Regulations as set out in the Annual Budget.
Pooled Budget means the pooled fund consisting of CCG Contributions and Council Contributions in respect of the Service provided pursuant to this Agreement;
Pooled Budget means the budget used for the provision of Mental Health Services in accordance with this agreement.
Pooled Budget means that different agencies contribute funds, but one host agency accounts for the money. Less formally, budgets can be aligned. This occurs when different agencies effectively keep their money in their own accounts but align the money toward agreed joint outcomes.166
Pooled Budget means the budget used for the provision of the Service in accordance with this agreement.