Foundation Trust
Benefits of becoming a Foundation Trust
NHS Foundation Trust status is awarded to high-performing trusts that demonstrate high quality clinical services along with strong financial management.
More than a hundred trusts in England have already become NHS Foundation Trusts.
Benefits include;
- Reaching high standards
We face constant challenges such as a growing population and greater incidence of particular conditions such as obesity, heart disease etc. We will work more closely with local communities to maintain and improve our standards of care. - Community involvement
We will work more closely with our local communities, listening to their needs and working with NHS Lincolnshire to develop services accordingly. - Patients are more involved
Patients will have a real opportunity to be involved in developing health services. As members they can attend members events, focus groups, receive information and feed their opinions back to the Trust. - Greater opportunities for staff
Staff will have even more opportunities to become more involved in the development of services. NHS Foundation Trust status will strengthen our reputation, attracting and retaining high calibre staff. - Stronger finances
NHS Foundation Trusts are able to reinvest surplus funds in their services, develop new services and find more opportunities to become more efficient. With greater financial freedom we will be able to develop services to meet the needs of our local population.
