Practice Budgets

The total budget for Oxford City is £70 million

Each of the 25 practices has been allocated a budget to buy care from hospitals

The budgets for each practice can be found here [Budgets]

Consortium Budget
There is a budget for running the consortium of £116,000 per annum
This is to pay doctors to do the work or to pay their deputies to take clinics.
It also pays for:

• some management support

• secretarial support

• a team of data analysts

• venues for away days

Each practice can receive a local incentive scheme payment worth £1 per patient
i.e. a practice with 5000 patients gets £5000 for taking part in PBC. These funds are to pay for the time it takes doctors and practice managers to attend monthly meetings and discuss PBC within the practice.
In addition a further £1 per patient can be awarded if certain targets are hit.

Details of the local incentive scheme for 2007/08 are here. [LIS]

Finally each practice can make savings on their budget. These underspends are called “Freed up resources” or FURs A practice could make these savings by reducing their referrals, managing their referrals a different way, or if they were given an overly generous budget in the first place.

Savings can only be spent on projects approved by the PCT and cannot go into GPs' pay. They are to improve patient care in the practice. Some practices find these savings helpful in bringing about changes.

Details of the savings made by practices can be found here. [Savings]
Examples of projects on which we have spent savings can be found here. [Investments]

Current Budget Position

Oxford City Locality Group PBC Consortium Report Quarter 2 2007/08 (Word)