Foundation Trusts (FTs) were established in 2003 and are independent public benefit corporations. Foundation Trusts are very much part of the NHS family and are still subject to NHS systems of inspection against national standards for quality and safety by the Care Quality Commission and other regulatory bodies.
Reasons for pursuing Foundation Trust status include:
As part of the application process, we must consult on both our organisational strategy and our proposed governance arrangements.
Changes to the way the hospital will be managed
As a Foundation Trust, the way that we are run and governed will change.
Under our new governance arrangements we will have:
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A general membership
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A Council of Governors
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A Board of Directors
We aim to develop a wide membership that is fully representative of the diversity of the people we employ and the communities we serve.