fundholding

/ ˈfʌndˌhəʊldɪŋ /

noun

1. (formerly, in the National Health Service in Britain) the system enabling general practitioners to receive a fixed budget from which to pay for primary care, drugs, and nonurgent hospital treatment for patients

Derived Forms

• ˈfundˌholder, noun

Example Sentences

This happened in the 1990s, when half of GPs were given more responsibility under a system known as GP fundholding.

From BBC

Mr Cameron also criticised the BMA for opposing foundation hospitals, GP fundholding, and longer opening hours for GP surgeries.

From BBC

Just as Lansley's NHS plans look suspiciously like a return to something remarkably similar to the old GP fundholding idea, Strachan's scouting and recruitment policy has centred almost exclusively on players he knows and trusts; men he either managed or saw Celtic regularly compete against in the Scottish Premier League.

From The Guardian