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Originally Posted by denphone
l am afraid l don't share your confidence in this at all and as for management companies being employed to take care of that aspect well thay does not fill me with confidence if l am to be perfectly honest.
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I don't understand your objection to a person trained in finance control ,controlling finance ,every company has accountants so why would a gp consortia be any different ,
this will explain it better
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Each consortium will have an accountable officer. It is important that all
organisations spending public money are able to account fully and transparently
for their use of public funds. The role of the accountable officer is key to this in
ensuring that the organisation:
• Operates effectively, economically and with probity
• Makes good use of its resources
• Keeps proper accounts.
This is a key role in governance terms and with the support of the chief financial
officer, will involve ensuring that there are arrangements in place to keep robust
financial records at consortia level and consolidate individual practice accounts;
a sound system of internal control is established and maintained; the necessary
financial records are retained; financial considerations are taken fully into
account in decision making and constituent practices are held to account in
meeting their objectives. The accountable officer will therefore be pivotal to
ensuring that the consortium meets its statutory duties and will in turn be
accountable to the NHS Commissioning Board as clearly stated in Liberating the
NHS: Legislative framework and next steps:
‘ The NHS Commissioning Board in turn will hold the individual Accountable
Officers of each consortium responsible for their share of the total funding
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allocation, and this will include the duty to achieve financial balance.’
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