RISK SHARE ARRANGEMENTS. 8.1 The areas of risk are under or overspending of budgets within Better Care Fund budget lines and exceeding affordable levels of care outside the Better Care Fund.
RISK SHARE ARRANGEMENTS. 12.6 The Parties have agreed risk share arrangements which provide for financial risks arising within the commissioning of services from the Pooled Fund and an Aligned Fund; and the financial risk to the pool arising from any payment for performance element of the Better Care Fund.
RISK SHARE ARRANGEMENTS. In view of the financial settlement for 2012/13 a revised arrangement is in place which sees Torbay Council assume 100% responsibility of the risk for both in-house LD and independent sector commissioned social care expenditure. TCT assumes the risk for Operations only. The figures quoted in 4.1 above exclude any pressures associated with ordinary residency clients as well as any further inflationary settlements over and above those already included in this agreement.
RISK SHARE ARRANGEMENTS. The risk sharing agreement continues and Torbay council assumes responsibility for both in-house LD and independent sector commissioned social care expenditure. The Trust assumes the risk for operations. Risk sharing arrangements for beyond 2013-14 will be discussed at a later date. There are a number of risks to the Council and the Trust in delivery of the commissioning agreement. These include: Ordinary residence Movement of ordinary residence can create in year pressures and this will be monitored closely through the Social Care Programme Board (SCPB) Risk of capacity to deliver changes The requirements of this commissioning agreement are the further changes and savings to back office and assessment processes. Capacity in zone teams may impact on the pace of delivery. This is mitigated through assurance from the Trust that operational services at the front end can be delivered in a different way. Care home fees Council is setting (as separate decision) a 2 year set of fees within a new banding structure for residential care which may be open to challenge. This is mitigated through a consultation process with providers throughout 2012/ 13. Community concern Concern may be raised in response to implementation of the programmes of work outlined in this agreement which may affect the pace of delivery. This is mitigated through the close involvement of, and engagement with, individuals and communities. Acquisition process The Trust may be acquired by another NHS Foundation Trust and this could result in distraction from delivery of this agreement. This is mitigated through close working between senior officers and the NHS, the Mayor and Councillors, NHS chairs and Board Members. If anticipated cost pressures do not materialise any residual S256 monies shall be used to support service transformation schemes and spend to save initiatives which will secure greater savings for 2014-15 and beyond.
RISK SHARE ARRANGEMENTS. 15.1. This Agreement is based on the following estimates for PBS and RPBS prescription volumes: 2005-0611 2006-0711 2007-0811 2008-0911 2009-1011 PBS & RPBS Prescription Volumes (m)12 186.208 199.416 209.282 218.847 228.333 15.2. Clause 15.1 is amended by replacing the PBS and RPBS Prescription Volumes for the years 2006-07 to 2009-10 by the following Prescription Volumes for those years: 2006-0713 2007-0813 2008-0913 2009-1013 PBS & RPBS Prescription Volumes (m)14 196.237 206.907 216.545 226.050
RISK SHARE ARRANGEMENTS. 10.1 The Partners have agreed risk share arrangements as set out in Schedule 3, which provide for financial risks arising within the commissioning of services from the pooled funds.
