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It’s a podcast with a difference this week! Ben joins forces with Tara Humphrey of THC Primary Care to share the highlights of their recent webinar focusing on the Impact and Investment Fund, introduced very recently as part of the GP and Primary Care Network Contract Settlement. Within the session, Ben and Tara attempt to unpick what the funding means in practice, what value it can add and where the pitfalls may lie alongside how to incorporate the funding into existing financial models and PCN plans, and where the IIF fits within the wider primary care framework. Are the additional monies going to be of benefit or is it simply another burden to manage at a time when general practice is already stretched to the limit?

Welcome and intro from Tara (0:27)

Why a webinar on the impact and investment fund? (0:48)

Hello from Ben (1:55)

Lessons learned from round 1 (1:37)

Network versus practice approach (3:59)

Leveraging social prescribing referrals and the contribution of the ARRS teams (5:52)

Advice to managers and clinical leaders on leading the IIF approach (6:55)

Can the IIF play a useful part in realising the network vision? (9:37)

Ben’s initial thoughts on the updated guidance (10:28)

Opting out (11:14)

Summing up the session so far (12:54)

How might ICSs influence the IIF? (13:54)

The importance of robust financial planning (15:43)

What can the IIF achieve within the 5-year GP contract settlement period? (16:34)

Balancing workforce issues alongside workload pressures (18:00)

Budgeting for moving QOF targets (19:08)

Good, better, and best financial modelling (20:18)

Conclusions (21:46)

To connect with Tara and to access all the resources available on offer from THC Primary Care check out:

THC Primary Care’s wealth of information on PCN Managers starts here

Listen to The Business of Healthcare Podcast to get the latest insights into business and management behind the scenes in primary care.

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