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Pooled budget

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Definition

of

Pooled budget

National Institute for Health and Care Excellence

from

NICE Guideline NG43 - Transition from children's to adults' services for young people using health or social care services

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A type of partnership arrangement whereby NHS organisations and local authorities contribute an agreed level of resource into a single 'pot' that is then used to commission or deliver health and social care services.
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Plain English definition

of

Pooled budget

Think Local Act Personal

from

Think Local Act Personal (TLAP) Jargon Buster

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When two different organisations, such as an NHS organisation and a council, agree to each put an amount of money into a single pot to pay for a particular health or care service.
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Synonym of
Not to be confused with
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Pooled budget

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