Written Questions are submitted by MPs or Lords to receive information from a Department.
|6 Jul 2017, 3:36 p.m.||Health Services: Dudley||Lord Austin of Dudley|
To ask the Secretary of State for Health, what will happen to any surplus made by the organisation awarded the contract for Dudley's multi-speciality community provider.
Answer (Steve Brine)
The provider must meet certain conditions before the provider can redistribute any surpluses. These conditions will be set out prior to contract award and relate to the provider’s financial status and liabilities, quality measures and contract performance. If conditions are met, the provider can distribute surpluses in the form of dividends or non-contractual bonuses.
Dudley’s Multi-specialty Community Provider prospectus reflects an expectation on the part of commissioners that any overall surpluses should be reinvested in local service provision.