The general practice fundholding scheme was introduced four years ago.
So far its impact has not been formally evaluated nationally, but rev
iew of published research shows some trends. Fundholding has curbed pr
escribing costs and given general practitioners greater power to lever
improvements in hospital services-for example, reducing waiting times
for hospital treatment-but fundholding practices may have received mo
re money than non-fundholding practices. The impact of fundholding on
transactions costs, equity, and quality of care (particularly for pati
ents of non-fundholding general practitioners) is unknown. Research in
to costly reforms such as fundholding needs to be coordinated.