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How would a Transformation Fund work?
Roll-out
3.Learning
Service change
2.Eval
uation
NHS
Transformation
Fund 1. F
unding
Relevant
expertise
Balance
between
innovation
and risk
Clear and
coherent
objectives
Investment in
learning and
evaluation
Tailored
approach
to different
phases
Accountability
Effective
leadership
Workforce
engagement
Transformation
Fund
Realistic
timescales
The key characteristics of a Transformation Fund
How would a Transformation Fund be implemented?
2016/17 – 2020/21 2021/22 and beyon
d
Transformation
Fund
Phase 1:
Initiate changes
to services
Phase 2:
Implement changes
across the NHS
Achieve higher
rates of
efficiency
Develop
new models
of care
Roll out
new models
This means new funding will be needed in addition to the £8 billion
a year increase in the NHS budget currently planned by 2020.
How much is needed for a Transformation Fund?
£1.5 – £2.1
billion a year
up to 2020/21
For more from the report, visit:
www.kingsfund.org.uk/makingchangepossible or www.health.org.uk/makingchangepossible

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A Transformation Fund for the NHS

  • 1. How would a Transformation Fund work? Roll-out 3.Learning Service change 2.Eval uation NHS Transformation Fund 1. F unding
  • 2. Relevant expertise Balance between innovation and risk Clear and coherent objectives Investment in learning and evaluation Tailored approach to different phases Accountability Effective leadership Workforce engagement Transformation Fund Realistic timescales The key characteristics of a Transformation Fund
  • 3. How would a Transformation Fund be implemented? 2016/17 – 2020/21 2021/22 and beyon d Transformation Fund Phase 1: Initiate changes to services Phase 2: Implement changes across the NHS Achieve higher rates of efficiency Develop new models of care Roll out new models
  • 4. This means new funding will be needed in addition to the £8 billion a year increase in the NHS budget currently planned by 2020. How much is needed for a Transformation Fund? £1.5 – £2.1 billion a year up to 2020/21
  • 5. For more from the report, visit: www.kingsfund.org.uk/makingchangepossible or www.health.org.uk/makingchangepossible