The total investment in local NHS services for 2012-13 is £91.6 billion an increase of £2.5 billion or 2.8 per cent
The revenue allocations for primary care trusts include:
£87.5 billion in recurrent revenue allocations to PCTs including an additional £150 million for reablement (assistance regaining independence if daily living skills are lost through illness or injury), an increase of £2.5 billion
£4.1 billion in allocations for primary dental services, pharmaceutical services, general ophthalmic services, and to support joint working between health and social care.
Recurrent revenue allocations
Recurrent revenue allocations to PCTs are usually determined based on a weighted capitation formula. The weighted capitation formula determines each PCT’s available resources to enable them to commission similar levels of healthcare for populations with similar healthcare need, and to reduce avoidable health inequalities.
To provide the NHS with financial stability in a year of transition, the weighted capitation formula has not been applied for 2012-13. All PCTs have received a uniform uplift in their 2012-13 recurrent allocations.
Subject to the passing of the Health and Social Care Bill, for 2013-14 onwards, the NHS Commissioning Board will be responsible for the allocation of resources to clinical commissioning groups, while the Department of Health will make ring fenced grants to local authorities for their public health responsibilities.