Benefits of being a Foundation Trust
Foundation Trusts are organised and governed in a different way to other NHS Trusts and as a result are more flexible.
As a Foundation Trust:
- we have the freedom to decide how to organise our services to best meet local needs
- we are accountable to our local community, patients and staff, who all have the right to become Members and elected Councillors
- we are regulated by Monitor, an independent body, rather than the Department of Health.
The Royal Marsden is still an NHS hospital and provides high-quality cancer care for free, not based on ability to pay.
How do we benefit?
- We are able to involve our patients, staff and local communities and place them at the heart of the running of our hospital.
- We can work more closely with our partner organisations, meaning we can grow and develop to meet the needs of our communities.
- We can develop our services to meet the needs of our patients and bring new treatments to the bedside quicker.
- We can raise capital investment for new buildings and services faster and plan more effectively for the future.
- We can retain financial surpluses made during a financial year to plough back into our services.
How do you benefit?
- Patients, carers, staff and members of the public can get involved in the how The Royal Marsden is run.
- Members can attend meetings where The Royal Marsden's decision makers talk about the latest developments.
- Your views can have a real influence on the way we do things.