NHS England and Monitor set out new tariff option for providers for 2015/16

Simon Stevens, CEO of NHS England and David Bennett, CEO of Monitor have today written to  providers of NHS-funded services setting out a new enhanced tariff option for 2015-16. It is worth up to £500m more to providers than the original package that was consulted on last November, which was prior to extra funding being made available to the NHS in December’s Autumn statement.

Details of the approach are set out in the below letter to providers, and a parallel letter from CCG leaders and Simon Stevens to CCG commissioners, also below.

Simon Stevens said “The NHS is looking for certainty about next year, and a constructive and shared approach to helping hospitals with the genuine pressures they’re facing. This new funding option offers that, without sacrificing critical new investments in primary and mental health services. In the round, it gives the NHS collectively our best chance of sustaining high quality services today, while also getting going on major efficiency improvements and the more fundamental changes in care set out in the Five Year Forward View.”