Following the closure of expressions of interest to participate in the Accelerating Reform Fund, the Department for Health and Social Care has distributed the first £20 million of the overall £42 million investment.
The Accelerating Reform Fund 2023 to 2024: grant determination includes funding allocations for local authorities working in integrated care system (ICS) consortia.
Each consortium receives a £300,000 ‘floor’ plus a share of £7,400,000 top-up funding, calculated based on the adult social care relative needs formula (RNF) at a local authority level and summed for the ICS consortium, based on the total number of local authorities opting in and to which consortium they join.
The Department for Health and Social Care launched the Accelerating Reform Fund in October 2023, to provide £42.6 million over 2023/24 and 2024/25 to support innovation and scaling in adult social care, and to kick-start a change in services provided to support unpaid carers. The second tranche, £22.6 million, will be allocated in 2024/25.
The Accelerating Reform Fund supports local authorities, working collaboratively with partners in their integrated care system areas, to take forward locally identified projects that will nationally embed the Department of Health and Social Care’s priorities for innovation and scaling.
DHSC press release on the Accelerating Reform Fund.
