Monitor and NHS England took on responsibility for the NHS payment system from the Department of Health following the introduction of the Health and Social Care Act 2012.
The payment system aims to help NHS commissioners and providers improve services for patients in 3 ways:
- by offering more freedom, to encourage the development of new service models
- by providing greater financial certainty, to help NHS providers and commissioners plan better
- by maintaining incentives to provide care more efficiently
2015/16 payment system
Monitor and NHS England are asking commissioners, providers and all other interested people to help shape the 2015/16 payment system.
You can also view Monitor’s webinar on the methodology for setting national prices.