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anon 3.34pm is right: the two things are completely different.

A transformation fund is extra money to fund the process of change - double running, admin costs, backfill etc etc. The transformation fund the vanguardistas are calling for would be extra cash over and above the NHS revenue budget.

The BCF was mainly just a topslice of NHS funding given to local authorities and placed under the joint governance of councils and CCGs, with an onerous assurance and reporting process attached to it.

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