What will be the difference between the Strategic Health Authority (SHA) and Monitor as our regulatory body?
Monitor is primarily interested in whether we are financially robust, legally constituted and well governed. They are less concerned about exactly what service decisions we make. However, they will ensure we run services we are required to run. The main difference in the system is that we will not be reporting to the Department of Health. As regulatory bodies, we do not expect there to be a great deal of difference in terms of financial checking, although there may be fewer hurdles to getting new projects approved, helping us to move quicker in the direction we wish to go.
