Charity commits £250m to ‘neighbourhood health’

A charity will invest £250m over the next three to five years in a government-backed scheme testing a new funding model for neighbourhood health.

Macmillan Cancer Support has partnered with West Hertfordshire Teaching Hospitals Trust, non-profit enterprise Social Finance and the government’s Office for the Impact Economy to help other systems raise money from non-NHS sources. 

The intention is that investors who want to use their money for social purposes will add to the £250m, and will earn a return over an extended period, as the schemes reduce secondary healthcare demand.

The “trailblazer” programme will choose six areas to develop more integrated and preventative care in the community, the organisations are due to announce today.

The programme builds on a £10m initiative launched last year  in West Hertfordshire, with the same partners, to improve care for older people with multiple conditions.

In each area, the organisations will run a nine-month programme with financial and technical expertise, to design their model and build skills, confidence and culture to help attract “impact investment” finance.

Read full story (paywalled)

Source: HSJ, 17 June 2026