How are integrated care boards (ICBs) allocated funding by NHS England? In this webinar, NHS England’s Analysis and Insight for Finance team will set out the process and method of resource allocations. The team will explain what data it uses to derive its fair shares model, and how this model uses need and cost adjustments to estimate need for different service components. The presentation will then discuss how the resulting target shares are combined with ICB baselines and a convergence adjustment to result in final allocations.
The webinar will also discuss the latest updates to the model used for the 2023/24 and 2024/25 allocations and underlying data, as well as present what data and supporting documentations and tools have been published. This additional information is intended to support finance professionals as well as analysts in understanding (changes to) their ICB’s allocations and provide supporting evidence for allocating to sub-ICB places, down to the GP practice level.