FINANCE: NHS Bury CCG has said its main contracts for 2013-14 will be operated on a “block basis”, meaning the provider does not get paid more if activity is higher than planned.

A summary of the commissioning group’s financial plan for 2013-14 states that it has reduced to £1m the amount of funding it will hold back to cover contingencies, because “the main contracts will operate on a block basis so therefore there is a reduced risk of over performance by trusts”.

The paper adds: “A majority of contracts have now been agreed and this has been a very complex process due to the restructuring of commissioning organisations and the transfer of responsibilities between the new bodies.”

It states that its top contracts by value are with Pennine Acute Hospitals Trust, at £79.8m, and Pennine Care Foundation Trust, at £34.8m.